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

How to Grow a Cannabis Farming Business in the Blazing Marijuana Economy
Make More Happen

How to Grow a Cannabis Farming Business in the Blazing Marijuana Economy

From crop cultivation to climate control, here's a look at what it takes to plant the seeds of a marijuana agriculture startup.
Andre Bourque
Are You a Decision Procrastinator? Here's How to Change That.
Decision Making

Are You a Decision Procrastinator? Here's How to Change That.

The first step is figuring out whether your problem is anxiety, reluctance to be held accountable or simple ignorance of what to do in the first place.
Jayson DeMers
A Semi-Scientific Ranking of Semi-Autonomous Features
Self-Driving Cars

A Semi-Scientific Ranking of Semi-Autonomous Features

Manufacturers are racing to arm their vehicles with enough cameras, radars, sensors, and tech to properly outthink man.
The New Rules for Business Rides in an Uber, a Driverless Car and More
Make More Happen

The New Rules for Business Rides in an Uber, a Driverless Car and More

There's a proper time to sing, to sleep and to make small talk.
The Flying Car Might Be Your Next Company Car
Make More Happen

The Flying Car Might Be Your Next Company Car

The future is finally here.
What Self-Driving Trucks Could Mean For Your Next Delivery
Make More Happen

What Self-Driving Trucks Could Mean For Your Next Delivery

Can a line of trucks rumble down the highway by themselves? That's the plan.
What's the Right Car for Hauling 2,000 Burritos?
Innovators

What's the Right Car for Hauling 2,000 Burritos?

Three food startups explain how they chose their fleet.
Your Next Company Car Might Be an Uber
Innovators

Your Next Company Car Might Be an Uber

The latest way ridesharing is shaping business.
Content Marketing Takes Time, But Can Add Huge Value
Make More Happen

Content Marketing Takes Time, But Can Add Huge Value

Done right, content marketing will pull in customers for a lifetime.
Jim Joseph
From Steven Tyler to Steve Wozniak: The Woman Rocking 'The Silicon Valley of The North'
Make More Happen

From Steven Tyler to Steve Wozniak: The Woman Rocking 'The Silicon Valley of The North'

FUZEnation co-founder Rebecca (Lambrecht) Warfield says that inventors are the new rock stars, and is throwing them a four-day party to prove it.
Jeff Beacher
The Virtuous Cycle of Work, Achievement and Reward
Success Strategies

The Virtuous Cycle of Work, Achievement and Reward

Our culture is obsessed with quick and easy ways to achieve fame and fortune. There is no such thing.
Steve Tobak
How to Find Your Best Employees and Keep Them Around
Human Resources

How to Find Your Best Employees and Keep Them Around

Don't trust your intuition when it comes to rating employees.
Alexander Maasik
5 Ways to Increase Your Ecommerce Business Sales
Ecommerce

5 Ways to Increase Your Ecommerce Business Sales

Cross-selling. Eliminating abandoned carts. Spending on social media: Don't be satisfied with what you've got when you could have so much more.
Thomas Smale
Your Sales Training Won't Stick Until You Modify Your Behavior
Sales

Your Sales Training Won't Stick Until You Modify Your Behavior

To ensure your sales training is successful, create a controlled and facilitated environment.
Frank Visgatis
Want to Become a Digital Marketing Expert? Here is How to Get Started.
Marketing Bootcamp

Want to Become a Digital Marketing Expert? Here is How to Get Started.

Digital marketing is a moving target that is constantly evolving, making it more and more difficult for new comers to learn the art.
Sujan Patel
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.