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types of business

TermDefinition
acquisition the process of taking possession of something
annual report a document outlining the financial status of business
asset(s) anything of value that a business or individual owns
better business bureau consumer organization that monitors complaints against businesses
board of directors a group of people chosen to govern activities of corporation
business-format franchise arrangement in which the franchisee must operate under the trade name of the parent company
corporation form of business ownership that is considered a separate legal entity from its owners
capital assets of business
commission percentage of the total sale amount paid to the individual
consolidation form of business growth in which corporation acquires many smaller companies
corporation form of business ownership that is owned by stockholders
dealership see product trade-name franchise
dividend a sum of money paid to an investor or stockholder as earnings or investment
dual double taxation the levying of two taxes on the same income
exclusive distributorship an agreement where a supplier grants a single distributor the sole right to sell their products within a specific geographic territory
expansion the action of becoming larger or more extensive.
franchise a business model where a franchisor grants a franchisee the right to use its brand, name, and business model in exchange for fees and royalties
franchisee an individual or company that holds a franchise for the sale of goods or the operation of a service.
franchising a business model where a franchisor grants a franchisee the right to operate under their established brand name
franchisor an individual or company that sells or grants a franchise for the sale of goods or the operation of a service.
general partnership a business structure created by two or more people who agree to co-own and operate a business for profit
hybrid structure combines elements from different, more traditional organizational
joint venture a temporary or ongoing business arrangement where two or more independent companies pool their resources, share ownership, and collaborate on a specific project
licensee a person or entity to whom a license is granted
licensing
licensor
limited liability a legal principle where owners (shareholders, members) of a business entity are not personally responsible
company LLC limited provides its owners with limited liability, meaning their personal assets
LLP limited liability partnership
limited partnership
master licensee
merger
multi level marketing
nonprofit corporation
operating agreement
partnership
piggyback franchise
private corporation
private enterprise system
product trade-name franchise
public corporation
pyramid scheme
royalty
shareholders
sole proprietorship
stockholders
subchapter "S" corporation
unlimited liability
acquisition the process of taking possession of something
annual report a document outlining the financial status of business
asset(s) anything of value that a business or individual owns
better business bureau consumer organization that monitors complaints against businesses
board of directors a group of people chosen to govern activities of corporation
business-format franchise arrangement in which the franchisee must operate under the trade name of the parent company
corporation form of business ownership that is considered a separate legal entity from its owners
capital assets of business
commission percentage of the total sale amount paid to the individual
consolidation form of business growth in which corporation acquires many smaller companies
corporation form of business ownership that is owned by stockholders
dealership see product
dividend
dual double taxation
exclusive distributorship
expansion
franchise
franchisee
franchising
franchisor
general partnership
hybrid structure
joint venture
licensee
licensing
licensor
limited liability
LLC limited liability company
LLP limited liability partnership
limited partnership
master licensee
merger
multi level marketing
nonprofit corporation
operating agreement
partnership
piggyback franchise
private corporation
private enterprise system
product trade-name franchise
public corporation
pyramid scheme
royalty
shareholders
sole proprietorship
stockholders
subchapter "S" corporation
unlimited liability
acquisition the process of taking possession of something
annual report a document outlining the financial status of business
asset(s) anything of value that a business or individual owns
better business bureau consumer organization that monitors complaints against businesses
board of directors a group of people chosen to govern activities of corporation
business-format franchise arrangement in which the franchisee must operate under the trade name of the parent company
corporation form of business ownership that is considered a separate legal entity from its owners
capital assets of business
commission percentage of the total sale amount paid to the individual
consolidation form of business growth in which corporation acquires many smaller companies
corporation form of business ownership that is owned by stockholders
dealership see product
dividend
dual double taxation
exclusive distributorship
expansion
franchise
franchisee
franchising
franchisor
general partnership
hybrid structure
joint venture
licensee
licensing
licensor
limited liability
LLC limited liability company
LLP limited liability partnership
limited partnership
master licensee
merger
multi level marketing
nonprofit corporation
operating agreement
partnership
piggyback franchise
private corporation
private enterprise system
product trade-name franchise
public corporation
pyramid scheme
royalty
shareholders
sole proprietorship
stockholders
subchapter "S" corporation
unlimited liability
acquisition the process of taking possession of something
annual report a document outlining the financial status of business
asset(s) anything of value that a business or individual owns
better business bureau consumer organization that monitors complaints against businesses
board of directors a group of people chosen to govern activities of corporation
business-format franchise arrangement in which the franchisee must operate under the trade name of the parent company
corporation form of business ownership that is considered a separate legal entity from its owners
capital assets of business
commission percentage of the total sale amount paid to the individual
consolidation form of business growth in which corporation acquires many smaller companies
corporation form of business ownership that is owned by stockholders
dealership see product
dividend
dual double taxation
exclusive distributorship
expansion
franchise
franchisee
franchising
franchisor
general partnership
hybrid structure
joint venture
licensee
licensing
licensor
limited liability
LLC limited liability company
LLP limited liability partnership
limited partnership
master licensee
merger
multi level marketing
nonprofit corporation
operating agreement
partnership
piggyback franchise
private corporation
private enterprise system
product trade-name franchise
public corporation
pyramid scheme
royalty
shareholders
sole proprietorship
stockholders
subchapter "S" corporation
unlimited liability
Created by: user-1967724
 

 



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