Small Business Encyclopedia

Terms starting with: n

Naming a Business

Definition: The act of selecting a word or words by which your company will be known

Negotiation

Definition: The act of discussing an issue between two or more parties with competing interests with an aim of coming to an agreement

Net Worth

Definition: The amount of equity a company has, which is the difference between its total assets and total liabilities.

Network Marketing

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.

Networking

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.

Newspaper Advertising

Definition: Print ads that run in local or national, daily or weekly news publications

Niche Marketing

Definition: A portion of a market that you've identified as having some special characteristic and that's worth marketing to

Noncompete Clause

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.

Nonprofit Corporation

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.

Free Business Tools

Forms

Forms

Download and customize these free forms:

Partnership Agreement

Cashflow Worksheet

Employment Application

Calculators

Calculators

Evaluate and analyze your financials:

Cash Flow

Starting Costs

Discounted Cash Flow

Ads by Google

Latest Articles

What the Color of Your Logo Says About Your Company (Infographic)
Infographics

What the Color of Your Logo Says About Your Company (Infographic)

The Golden Arches just wouldn't communicate the same thing if they were purple.
Catherine Clifford
This Man Climbed the Ladder by Sticking With Gutters
Franchisees

This Man Climbed the Ladder by Sticking With Gutters

Loyalty and ambition drive a U.S. success story.
The Founder of Nail Polish Empire Essie Shares Advice on Overcoming Challenges
Overcoming Obstacles

The Founder of Nail Polish Empire Essie Shares Advice on Overcoming Challenges

Essie Weingarten wants to remind entrepreneurs that success takes time and commitment.
Nina Zipkin
'Creating Smiles and Stories' for Customers Is Just One of This Mega-Franchisee's Goals
Franchise Players

'Creating Smiles and Stories' for Customers Is Just One of This Mega-Franchisee's Goals

With 74 western U.S. Dairy Queen locations, and 43 years as both franchisor and franchisee, Bill Spae is also focused on growth.
Entrepreneur Staff
Are Sharing-Economy Workers Contractors or Employees?
Sharing Economy

Are Sharing-Economy Workers Contractors or Employees?

Companies in the booming sharing economy depend on contractors who may legally qualify as full time employees. The distinction is crucial for both workers and their employers.
Tx Zhuo
Workplace Safety

12 Ways to Spot a Potentially Violent Person in the Workplace

What happened in Roanoke wasn't the first tragedy and won't be the last.
Robert Siciliano
8 Ways to Do Big-Time Marketing Without Spending a Fortune
Marketing

8 Ways to Do Big-Time Marketing Without Spending a Fortune

When it comes to building your brand, how you spend your money is at least as important as how much money you spend.
Eric Samson
Business Lessons From the Family That's the 'Cake Boss' Empire
Family Businesses

Business Lessons From the Family That's the 'Cake Boss' Empire

The hit show is just the frosted tip of what Carlo's Bakery has grown to be.
Daphne Mallory
5 Back-to-School Tips for Working Parents
working parents

5 Back-to-School Tips for Working Parents

On the eve of a son's departure for college, an Adobe executive ponders the parenting lessons she's learned.
Donna Morris
7 Conferences for Entrepreneurs Under 30
Conferences

7 Conferences for Entrepreneurs Under 30

Even if you've attended a conference that targets young entrepreneurs, perhaps it was run by a different age group and therefore came across as less than authentic. Try these events.
Josh Steimle
4 Harsh Marketing Lessons From 4 Small-Business Owners
Marketing

4 Harsh Marketing Lessons From 4 Small-Business Owners

We don't have the time or the resources to carefully think through everything. So we do a lot of things by our gut. Sometimes things turn out OK. Sometimes, well -- it's not so good.
Gene Marks
8 Secrets to Credible Startup Financial Projections
Investors

8 Secrets to Credible Startup Financial Projections

Investors can't really evaluate any new business, but they can assess the logic behind your numbers, and compare that logic to their experience and rational business norms.
Martin Zwilling
You Asked for It: The Details of How I Built a Seven-Figure Business Without Employees
Starting a Business

You Asked for It: The Details of How I Built a Seven-Figure Business Without Employees

More insights into the growth of my product-based company that can be operated from anywhere in the world with an Internet connection.
Adam Callinan
Teacher Gets to Keep Job Despite Being Tardy 111 Times in Two Years
Employment Issues

Teacher Gets to Keep Job Despite Being Tardy 111 Times in Two Years

Be glad you don't have this guy working for you.
Ray Hennessey
Breaking Bad ... Habits: Beliefs That Stifle Personal Growth
Self Improvement

Breaking Bad ... Habits: Beliefs That Stifle Personal Growth

Believe it. There's actually a type of breakup that's good for you.
Susan Steinbrecher
More Articles

About Encyclopedia

No matter what business topic you're interested in, you'll find our category list is an easy way to navigate our small-business encyclopedia. From Accounting and Advertising to Location and Operations, every topic offers information on the terms that matter most. And if you can't find what you need here, our "Terms A - Z" list makes tracking down terms a snap.

Ads by Google