Study card marketing.

Franchise

A business established or operated under an authorization to sell or distribute a company's goods or services in a particular area

Sole Proprietorship

A business owned by one person

Parternship

A form of business ownership in which the business is owned by two or more persons

C Corp

A legal entity that offers limited liability with double taxation.

S Corp

A legal entity that offers limited liability with single taxation.

Entrepreneur

A person who organizes, manages, and takes on the risks of a business.

Stakeholders

All the people who stand to gain or lose by the policies and activities of a business and whose concerns the business needs to address.

CFO

Chief Financial Officer

COO

Chief Operating Officer

founder

The founder of a buisness

Equity

a condition in which people receive from a relationship in proportion to what they give to it

piece work

a worker paid a fixed rate for each unit produced

employee

a worker who is hired to perform a job

commision

amount paid to an empolyee based on a percentage of the employees sales

small business

an independent business with fewer than 500 employees

B2B

business to business

B2C

business to consumer

tangible

capable of being touched; real, concrete

CEO

chief executive officer

Digital Goods

goods that can be delivered over a digital network

LLC

limited liability company

non-profit

not making or conducted primarily to make a profit.

Stockholders

people or entities that own stock in a corporation and therefore are its owners

salaried

receiving or recompensed by a salary rather than a wage.

Capital

the account used to summarize the owner's equity in a business

Eccomerce

the buying and selling of goods and services over the internet