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An Introduction to Small Business in the United States
A Business Opportunity
Understanding the Family Business
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accounts advertising assets Ball State University bank Bar Codes beneﬁts Bridlewood budget business plan businessperson buyer capital cash Chapter common company’s competition concem contract corporation cost current liabilities customers develop difﬁcult employees entrepreneur equipment example expenses Explain family business ﬁnal ﬁnance ﬁnancial ﬁnd ﬁrm’s ﬁrst ﬁve franchise franchisor Hamilton County home-based business horse Huffman important income statement increase individual industry intemational inventory investment liability loan major manufacturing ment merchandise motorcycles needs ness offer ofﬁce operations owner-manager partners partnership penetration pricing percent person potential problems proﬁt promotion purchase ratio retail retum revenue sell Small Business Administration Small Business Management small business owners small ﬁrms sources speciﬁc strategy success tion Uniform Code Council units