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BUSINESS MANAGER GLOSSARY
Business A - O / Business P - Z
Pulmonary A-G / Pulmonary H-P / Pulmonary Q-Z / Meds and location / Supply & location / Telephone Directory
Business Management Glossary P - Z
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- partnership
- patent
- point-of-purchase promotion
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positioning
- press release
- prime rate
- principal
- private placement
- professional corporation
- profit
- profit and loss (P&L) statement
- promotion
- public relations
- publicly held corporation
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quarter
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- research and development (R&D)
- revenue
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- Securities and Exchange Commission (SEC)
- seed money
- Service Corps of Retired Executives (SCORE)
- share
- shareholder
- silent partner
- Small Business Administration (SBA)
- Small Business Development Centers (SBDCs)
- Small Business Institutes (SBIs)
- Small Business Investment Companies (SBICs)
- Small Company Offering Registration (SCOR)
- sole proprietorship
- start-up
- stock
- Subchapter S corporation
- supply and demand
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- telemarketing
- tombstone
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- venture capital
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P
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partnership
- business owned by two or more people who are jointly liable for the debts and assets of the company
- patent
- a legal protection for a new product that prevents it from being
copied for 17 years after its introduction
- point-of-purchase promotion
- marketing materials (brochures, posters, and the like) that are placed directly in a retail establishment
- positioning
- a marketing strategy that defines a company or a product
- press release
- a brief written message sent to reporters, editors, producers, and other members of the media that describes something
newsworthy about a company or individual, the objective of which is to gain media exposure
- prime rate
- a rate of interest to which other rates are pegged
- principal
- the original amount of money borrowed or invested
- private placement
- sale of stock directly to specific investors rather than through a public offering
- private placement
- a company that does not issue stock to the public
- professional corporation
- business structure designed primarily for doctors, lawyers, and other professionals
- profit
- income after expenses have been deducted
- profit and loss (P&L) statement
- [See: income statement]
- the difference between a product's selling price and the
cost of producing it
- promotion
- marketing strategies that use ads, newsletters, brochures,
sweepstakes, and similar tools to transmit a message to prospective customers
- public relations
- a form of marketing designed to increase a company's exposure in the media or community
- publicly held corporation
- a company that issues stock for sale to the
general public
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Q
- quarter
- a period of three months
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R
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research and development (R&D)
- the process of improving
products or creating new ones and introducing them to the market
- revenue
- a company's net income derived from the sale of its products or services
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S
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Securities and Exchange Commission (SEC)
- a U.S. government
agency that regulates the securities markets
- seed money
- start-up capital
- Service Corps of Retired Executives (SCORE)
- a division of the
SBA that matches volunteer retired executives with entrepreneurs to provide confidential counseling, workshops, training programs
- share
- one unit of stock
-
shareholder
- an individual who owns stock in a company
- silent partner
- an individual who invests in a company but does not take a role in running it
- Small Business Administration (SBA)
- an independent agency of the U.S. government that counsels, assists, provides financing for, and protects the interests of small businesses
- Small Business Development Centers (SBDCs)
- a network of
information and guidance services administered by the SBA that provides free management and technical support to entrepreneurs through paid staff members and volunteers
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Small Business Institutes (SBIs)
- a division of the SBA, the SBI program provides counseling to small business owners by graduate level students and faculty
- Small Business Investment Companies (SBICs)
- privately owned
and managed investment firms, licensed and regulated by the SBA, that provide start-up and venture capital
- Small Company Offering Registration (SCOR)
- a quick and relatively inexpensive way to register stock for companies with assets under $3 million and less than 500 individual stockholders, which is available in 38 states
- sole proprietorship
- business structure in which one person owns and manages a company; advantages: simple to set up and the
owner maintains complete control and keeps all the profits;
disadvantages: the owner assumes liability for all debts incurred, and the personal assets of the owner are at risk in the event of bankruptcy
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start-up
- new business
-
stock
- a share of ownership in a company
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Subchapter S corporation
- a business structure of multiple owners that provides liability protection like a corporation does, but is taxed like
a partnership
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supply and demand
- the law of economics that states if there is a short supply of a commodity, the demand for it will cause its price to rise
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T
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telemarketing
- a strategy that uses the telephone to sell the products or services of a business
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tombstone
- an advertisement that announces an initial public offering
(IPO)
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V
- venture capital
- money provided by a pool of investors, to be used for starting or expanding a business, in exchange for partial ownership of the
business
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W
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X
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Z
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