Chapter 5 - Small Business, Entrepreneurship & Franchises Flashcards
0
Q
The small business administration (SBA)
A
Government agency that helps small businesses in US by providing loans and business classes
1
Q
Small business
A
Independently owned and operated and not dominant in its field
2
Q
Entrepreneurship
A
Business plan; a carefully constructed guide for the person starting the business
3
Q
Franchise
A
A license to operate an individually own businesses as though it was part of a chain of outlets or stores