Terms starting with: n
Definition: The act of selecting a word or words by which your company will be
Definition: The act of discussing an issue between two or more parties with
competing interests with an aim of coming to an agreement
Definition: The amount of equity a company has, which is the difference between
its total assets and total liabilities.
Definition: A business model in which a distributor network is needed to build
the business. Usually such businesses are also multilevel marketing
in nature in that payouts occur at more than one level.
Definition: Developing and using contacts made in business for purposes beyond
the reason for the initial contact. For example, a sales
representative may ask a customer for names of others who may be
interested in his product.
Definition: Print ads that run in local or national, daily or weekly news
Definition: A portion of a market that you've identified as having some special
characteristic and that's worth marketing to
Definition: Contracts between you and your employees in which your employees
promise not to take what they learn while working for you and use
it against you while working for a competitor. A typical noncompete
agreement says the employee agrees not to work for rivals, solicit
business from current clients, or otherwise compete with you for
some period of time, such as a year, after leaving your company.
Definition: A business organization that serves some public purpose and
therefore enjoys special treatment under the law. Nonprofit
corporations, contrary to their name, can make a profit but can't
be designed primarily for profit-making.