Business Terms

3. An outline of something
4. An observable and measurable end result having one or more objectives to be achieved
6. An authorization granted by a government or company.
12. liability A liability that is limited to a partner or investor's investment.
13. An asset is usually purchased or, equivalently, a deposit in the bank.
16. The practice of using another firm's successful business model
17. Circumstances in which something is necessary or tat require something.
18. A business that provides banking services for profit.
20. Cash or goods used to generate income either by investing in a business or different income property.

1. capital Capital typically provided by outside investors for financing of new, growing, or struggling businesses.
2. One of a number of retail stores under the same ownership.
3. A financial gain.
5. plan Summary of how a business owner,manager intends to organize
7. union A non-profit co-operative financial institution that is owned and controlled by members.
8. skills Skills a person uses to interact with people.
9. A stock or supply of money, materials, staff, and other assets
10. An action or event marking significant change or stage in development.
11. Make smaller
14. Combine or cause to combine to form a single entity.
15. liability Refers to sole proprietorship and general partnerships in which the owner or partner are each liable for business debts.
16. institution Acts as an agent that provides financial services for its clients. Common types of financial institutions include banks, building societies, credit unions, stock brokerages, and similar business.
19. Have a desire to possess or do something.