an independent business with fewer than 500 employees
Small Business Administration
an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government contracts
A written description of the business idea and how it will be carried out, including all major business activities.
the ability to motivate individuals and groups to accomplish important goals
Refer to how well people get along with each other when working together.
Human Resources Manager
The person in charge of the department that deals with new employees, training, compensating, keeping records of employees, etc.
The financial and non-financial rewards that organizations give employees in exchange for their work
Fixed amount of money earned, regardless of hours worked
Payments for labor or services that are made on an hourly, daily, or per-unit basis
Anything extra provided to workers besides wages, such as paid vacations, retirement plans, and medical insurance
Predict the types and amounts of expenses for a specific business activity or entire business
Budget for day-to-day expenses
Budget that is an estimate of the actual money received and paid out for a specific period of time
Provide specific information about business activities that is used to analyze the financial performance of a business.
A financial statement showing the revenue and expenses for a fiscal period
A financial statement that reports assets, liabilities, and owner's equity on a specific date
Property or items of value owned by a business.
Business's debts and other financial obligations.