Business Essentials Book - Chp 14

A government-funded organization that helps small-business owners borrow money and manage

someone who takes a risk in starting a business to earn a profit

Situation in which a business doesn't have enough money to pay creditors

business that has been in operation for less than 3 years and has no employees but the owner

process of starting, organizing, managing, and assuming the responsibility for a business

Money used to start up a new small business or help a business expand during a growth period

the closing of a business with a loss occurring to at least one creditor

Business that has an owner as manager and less than 500 employees

person or business that is owed money

group of retired executives who can provide assistance to small business owners