(ENT 1) 1.03 Start up Business Sources – Flashcards
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IRS
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Issues federal taxpayer identification numbers to businesses, distributes publications that explain tax laws, and assists with tax-related questions.
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SCORE
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A volunteer organization in which retired business executives share their business experience with small business owners
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Small Business Institute
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Free counseling services provided by student teams at many colleges.
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Federal Trade Commission
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Ensures that business practices in the United States are fair. It constantly monitors all aspects of business including pricing, competition, credit, and export trade.
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SBA
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Promotes small business development, helps businesses secure government contracts, and provides assistance and advice on how small businesses can increase revenues and profits.
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Small Business Development Center (SBDC)
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Funded by the federal government and state governments. Usually located in colleges and universities, these centers provide counseling and management assistance to small businesses.
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Worker's Compensation
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All business owners who employ workers are required to provide insurance that gives employees or their survivors benefits in the event of work-related injuries or deaths.
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Attorney
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Make sure that business owners follow the proper procedures in all legal aspects of the business operation.
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Accountants
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Assist business owners in designing and maintaining bookkeeping systems.
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American Marketing Association (AMA)
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The trusted go-to resource for marketers and academic and is constantly innovating and evolving, helping to shape the field as well as keep abreast of the changing global marketplace to help our members excel in their careers.
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Insurance Agent
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Inform business owners of insurance requirements and regulations.
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The American Culinary Federation, Inc
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Nonprofit organization that was founded in 1929 in New York City by three chefs' organizations and it's the largest professional chefs' organization in North America. It offers educational resources, training, apprenticeship and programmatic accreditation.
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Chamber of Commerce
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The purpose of these organizations is to stimulate local economic growth. They provide information about the local economy, business trends, and business needs of the community.
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The State Department of Labor
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This agency provides businesses with information regarding employer responsibilities in relation to unemployment insurance.
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US Department of Commerce
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Provides social and economic statistics for businesses as well as research and support for scientific, engineering, and technological development. It also issues patents and trademarks, provides assistance to promote economic development, and encourages minority-run businesses.
