Business 1.1

money that is invested in small (and sometimes struggling) firms that have the potential to become very successful

• Venture capital

• Small Business Administration

• Franchisee

• Angel investors

privately owned firms that provide venture capital to small enterprises that meet their investment standards

• small business

• Franchisor

• Small-business investment companies (SBICs)

• Crowdfunding

groups of senior and graduate students in business administration who provide management counseling to small businesses

• SCORE Association

• Small Business Administration

• Small Business institutes

• business plan

university-based groups that provide individual counseling and practical training to owners of small businesses

• Small business development centres (SBDCs)

• SCORE Association

• Small Business institutes

• Crowdfunding

a governmental agency that assists, counsels, and protects the interests of small business in the United States

• Franchise

• Franchising

• Small business development centres (SBDCs)

• Small Business Administration (SBA)

one that is independently owned and operated for profit and is not dominant in its field

• Small-business investment companies (SBICs)

• Small Business

• Franchisee

• SCORE Association

a group of businesspeople who volunteer their services to small businesses through the SBA

• Angel investors

• Small-business investment companies (SBICs)

• SCORE Association

• Franchising

an individual or organization granting a franchise

• SCORE Association

• Franchisor

• Angel investors

• Franchise

the actual granting of a franchise

• Franchisee

• Franchising

• Crowdfunding

• Franchisor

a person or organization purchasing a franchise

• Venture capital

• Franchising

• Franchise

• Franchisee