Small Business Encyclopedia

Category: Biz-opportunities

Distributors

Individuals or businesses that purchase the right to sell ABC Corp.'s products but not the right to use ABC's trade name

Kiosks

A small, enclosed stand from which merchandise is sold, often placed in the common area of a shopping center or public concourse

Rack Jobbing

The selling of another company's products through a distribution system of racks in a variety of stores that are serviced by the rack jobber

Network Marketing

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.

Popular Articles

Starting a Business

Bobbie Racette wanted to revamp the virtual assistance space — and provide job opportunities for underrepresented communities at the same time.

Business News

Salesforce CEO Marc Benioff calls Copilot "the new Microsoft Clippy."

Franchise

The promotion is only available in one country, so fans elsewhere are turning to resale platforms like eBay to buy the collectible toys.

Business Ideas

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

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Musk said the $20,000 to $30,000 robot could perform household tasks like mowing lawns and putting away groceries.

Leadership

Morgan Lucas, former professional drag racer, talks about getting behind the wheel of Lucas Oil as its new CEO.