Small Business Encyclopedia

Category: Technology

Information Technology

Definition: A term that encompasses all forms of technology used to create, store, exchange and utilize information in its various forms including business data, conversations, still images, motion pictures and multimedia presentations

Point of Sale (POS) System

Definition: A computerized network operated by a main computer and linked to several checkout terminals

Podcast

Definition: A podcast is a pre-recorded audio program that's posted to a website and is made available for download so people can listen to them on personal computers or mobile devices.

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

Don't Sink Before You Can Swim: Crucial Steps for Startups to Stay in the Black
Starting a Business

Don't Sink Before You Can Swim: Crucial Steps for Startups to Stay in the Black

Entrepreneurs must rely on fact-based decision-making to ensure their companies have the best chances of succeeding in competitive markets.
Steve Little
3 Split Tests to Improve Your Direct Mail Results
Marketing Bootcamp

3 Split Tests to Improve Your Direct Mail Results

If you want to increase your response rate, make sure you are ALWAYS testing something new.
Craig Simpson
6 Security Measures Every Startup Should Take in 2017
Cybersecurity

6 Security Measures Every Startup Should Take in 2017

Hackers are busy at work, and every business is at risk. Even yours.
Kc Agu
4 Reasons Personal Branding Can't Be Overlooked in 2017
Personal Branding

4 Reasons Personal Branding Can't Be Overlooked in 2017

Personal branding is an active endeavor. It won't take care of itself.
Nathan Resnick
What Comic Book Villains Can Teach Us About Investment Mistakes
Investing strategies

What Comic Book Villains Can Teach Us About Investment Mistakes

Learn what not to do from the Joker, Red Skull and more.
Henri Steenkamp
Lessons from NFL Star Charles 'Peanut' Tillman
Mentors

Lessons from NFL Star Charles 'Peanut' Tillman

You can start your own business and still make the work about others.
Jim Joseph
2-Minute Tax Tip: What's an Educational IRA?
Finance

2-Minute Tax Tip: What's an Educational IRA?

Mark J. Kohler breaks down five benefits of the flexible Educational IRA.
Mark J. Kohler
It's a Cold World for Cold Callers
Sales

It's a Cold World for Cold Callers

Cold calling is never easy but most who try it make it needlessly difficult.
Phil La Duke
'The Never Settle Show' Is About to Takeover Facebook
Never Settle Show

'The Never Settle Show' Is About to Takeover Facebook

Mario Armstrong is bringing his new talk show live to your Facebook feed. Get ready to get inspired!
Entrepreneur Staff
3 Types of Insurance You Need for Your Import/Export Business
Import Export Business

3 Types of Insurance You Need for Your Import/Export Business

Get the lowdown on the specific types of insurance you need to protect your import/export business.
The Staff of Entrepreneur Media, Inc.
How to (Legally) Deduct Your Next Business Trip
Business Travel

How to (Legally) Deduct Your Next Business Trip

Remember, you can't legally deduct a trip to the Bahamas in which you have a half day of meetings, then take five days of R&R on the beach sipping margaritas.
Anna Johansson
Why Your Dream Customer Should Be the Very First One You Approach
Finding Customers

Why Your Dream Customer Should Be the Very First One You Approach

Simply going after them, every action your company makes will be infinitely more polished than if you were selling to your sister-in-law.
Jerrid Grimm
5 Reasons Why Nobody Cares About Your Big Idea
Marketing

5 Reasons Why Nobody Cares About Your Big Idea

A great idea poorly sold is called failure.
Dan Blacharski
The Dos and Don'ts of Using a Well-Known Business Accelerator
Starting a Business

The Dos and Don'ts of Using a Well-Known Business Accelerator

Accelerators like Y Combinator and Techstars can be good for your business, but be careful of the downside.
The Staff of Entrepreneur Media, Inc.
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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.