Small Business Management Mid.

Flashcard maker : Lily Taylor
attractive small firm
a small firm that provides substantial profits to its owner
Personal Fulfillment
Joe is well respected by his employees. He models high integrity and encourages teamwork. What attribute does Joe display?
Niche Markets
Mary opened a small boutique catering to a narrowly defined target market. Mary’s competitive edge is
Owners, Customers, Employees
Of a possible stakeholders the primary ones are
Integrity
Bob the owner of a company brags about hiding company income from the IRS but was surprised to learned his sales mgr. was accepting kickbacks from customers. Clark should have remembered
Social Responsibility
Entrepreneurs must reconcile their social commitments with
FICA
The type of tax most likely to a problem for an entrepreneurs is

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