Business concepts

• Accumulation of capitals refers to the increase in assets from investments or profits, essential for a capitalist economy.
• Advertising attracts public attention to a product or business through paid announcements.
• Appraisal is a formal estimate of an item's value on the open market, detailing how the estimation was made.
• Barter is the direct exchange of goods and services between businesses.
• A brand is how a company, organization, or individual is perceived, evoking a recognizable feeling.
• A business incubator provides workspace, coaching, and support services to early-stage businesses and entrepreneurs.
• Business valuation estimates the worth of a business entity and its liabilities.
• Consumer direct market is network marketing where distributors are consumers buying for personal use.
• Copyright protects published and unpublished literary, scientific, and artistic works fixed in a tangible form.
• A corporation is a legal entity separate from its owners.
• Customers are individuals or businesses that purchase goods or services from another company.
• A digital payment platform facilitates cashless payments through digital nodes.
• Downline refers to people signed up under an individual in multilevel marketing, generating sales payment.
• Due diligence involves obtaining accurate disclosure of material information influencing a transaction's outcome.
• An entrepreneur recognizes, operates, and assumes risks for business ventures.
• A general partnership is when each partner shares in the administration, profits, and losses.
• A home-based business is one with its primary office located in the owner's home.
• An independent contractor offers services to the public in an independent trade, business, or profession.
• An intrapreneur undertakes entrepreneur-like ventures within a large company.
• A joint venture combines two or more parties to develop a single enterprise or project for profit and risk-sharing.
• A limited liability company (LLC) is taxable and distributes profits while shielding personal assets from business debt.
• Marketing involves researching, promoting, selling, and distributing a product or service.
• A merger is the joining of two previously separate corporations.
• Multilevel marketing involves receiving proceeds from one's sales and the sales of those signed up under them.
• Network marketing requires a distributor network to build the business.
• Networking also describes linking computer systems together.
• Outsourcing involves purchasing standard operation services from another business.
• A partnership is a business operated for profit by two or more individuals.
• A patent is a property right that excludes others from making, using, or selling an invention for a limited time.
• Public relations deliberately promotes a specific image for a business.
• A sale is the exchange of a product or service for money.
• Service Corps of Retired Executives (SCORE) provides counseling for small businesses.
• A sole proprietorship is a business owned and operated by one person.
• A strategic alliance involves an ongoing business relationship where two businesses combine efforts.
• A target market is a group of potential customers to whom a company wants to sell products and services.
• A trademark protects words, names, symbols, sounds, or colors distinguishing goods and services.

Definitions of business concepts such as capital accumulation and advertising. Covers appraisal, barter, branding and valuation. Describes business incubators, copyright, consumer direct market and corporations.