Back to Encyclopedia

Numeric

401(k)

Definition: A retirement plan for employees that allows them to put part oftheir pre-tax salary in an account. The funds may not be withdrawnuntil employees retire without paying a penalty.
Read More

7(a) Loan Guaranty Program

Definition: The most basic and most popular of the SBA's loan programs. Its name comes from section 7(a) of the Small Business Act, which authorizes the agency to provide business loans to American small businesses.
Read More

Popular Articles

Technology

Cybersecurity Practices That Protect Your Small Business

Entrepreneurs think lack of customers, bad service and limited capital are what causes bankruptcy. Try being a victim of cybercrime.
Starting a Business

3 Reasons Why a Strong Purpose Is a Good Business Idea

What does the future of entrepreneurship look like? To build a future-proof business, the key lies in your business purpose.
Growth Strategies

5 Things That Cause Reasonable Consumers to Abandon Their Shopping Carts

Even the most educated, reasonable online buyers bail from time to time. Does this sound familiar? Here's why.
Growth Strategies

How Can I Overcome Imposter Syndrome?

A five-step plan for reinforcing that you deserve all your achievements and success.