Small Business Encyclopedia

Category: Business Expansion

Acquisition

Definition: The purchase of one corporation by another, through either the purchase of its shares, or the purchase of its assets

Alliances

Definition: Joining forces with another company or individual to combine talents or strengths in order to attract more business

Franchisable Business

Definition: A business that has the potential to be sold as a franchise opportunity, generally having the following characteristics: It is established, offers a unique concept, is teachable and can provide an adequate return to potential franchisees.

Branch Office

Definition: A smaller, remotely located office that is separate from a company's corporate headquarters

Diversification

Definition: A risk-reduction strategy that involves adding product, services, location, customers and markets to your company's portfolio

Business Broker

Definition: A professional who assists in the buying and selling of businesses

Buying a Business

Definition: An alternative to starting a business from scratch or buying a business opportunity that involves purchasing an existing business for sale

Mergers

Definition: The combination of one or more corporations, LLCs, or other business entities into a single business entity; the joining of two or more companies to achieve greater efficiencies of scale and productivity

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

Latest Articles

6 Link-Building Tips for Bootstrapped Entrepreneurs
Marketing Bootcamp

6 Link-Building Tips for Bootstrapped Entrepreneurs

Link building doesn't have to be an expensive affair.
Josh Denning
3 Deadly Sins of Facebook Advertising
Marketing Bootcamp

3 Deadly Sins of Facebook Advertising

Maybe it's not Facebook. Maybe it's you.
Josh Denning
This is What Happens When You Adopt Equal Pay Legislation
equal pay

This is What Happens When You Adopt Equal Pay Legislation

Take a page from the state legislatures active in this regard. Make work and compensation fair for your own employees.
Matt Straz
Try These Marketing Strategies for Your Small Business
Marketing Bootcamp

Try These Marketing Strategies for Your Small Business

From following up to marketing offline, Entrepreneur Network partners Chris Haddon and Jason Balin provide tips for any SBO or entrepreneur to strengthen their marketing.
Entrepreneur Staff
Universities Need to Start Teaching Online Reputation Management
Education

Universities Need to Start Teaching Online Reputation Management

It's time the education system takes the digital age a little more seriously.
Ryan Erskine
Worried About 'Free Trade'? Let's Strive For 'Ethical Trade' Instead
Free Trade

Worried About 'Free Trade'? Let's Strive For 'Ethical Trade' Instead

Trade can bring many benefits. But it becomes problematic when 'more' trade is always considered better,
Christian Felber
5 Facts About Communication in the Workplace You Need to Know
Communication

5 Facts About Communication in the Workplace You Need to Know

Snail mail, email, text and messaging apps are all useful in business. Know who likes what method to be a successful communicator.
Erik Kostelnik
Working Hard Is Not the Same as Working Smart
Long Hours

Working Hard Is Not the Same as Working Smart

The number of hours an employee works in a day does not equal how effective they are.
Steve Blank
3 Ways to Drive Continual Improvement
Personal Improvement

3 Ways to Drive Continual Improvement

Prepare before you have to, observe how others approach challenges and hold yourself accountable for the process as well as its outcomes.
Jason Womack
7 Revenue-Killing Mistakes for Ecommerce Retailers
Marketing Bootcamp

7 Revenue-Killing Mistakes for Ecommerce Retailers

Simple integration and a user-friendly interface will help you build an unstoppable ecommerce empire and sleep better at night.
Matthew Toren
Here's What Your Employees Are Looking for in Their Next Jobs
Managing Employees

Here's What Your Employees Are Looking for in Their Next Jobs

A new survey from Aon Hewitt reveals that more than half of workers are open to leaving their jobs -- and pinpoints what they're looking for elsewhere.
Lydia Belanger
The 10 Best Online Courses You Can Enroll In Today for $10
Entrepreneur Courses

The 10 Best Online Courses You Can Enroll In Today for $10

From public speaking to app development to building a personal brand with Gary Vaynerchuk, these courses are too good to pass by.
Entrepreneur Partner Studio Staff
How This 20-Year-Old Built His Business While Studying Dentistry
Ready To Launch

How This 20-Year-Old Built His Business While Studying Dentistry

When you're set to grow your business, take action and make it happen.
Ahmed Safwan
The Good, the Intentionally Bad, and the Ugly Grammar
Marketing Bootcamp

The Good, the Intentionally Bad, and the Ugly Grammar

Discover how grammar -- event the bad kind -- can create effective sales copy intended to turn readers into customers.
Craig Simpson
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.