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ESB Vocabulary

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Across
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Setting up a business with the goal/aim to make a profit
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Best if the company plans to someday sell stock to the public; can issue shares to founders, employees and investors
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Tv ads, flyers and pamphlets
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Information collected through original or first-hand research
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Popular choice for business concerned about liability protection; unlimited owners allowed; members not personally responsible for business liabilitiesq
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The 4th stage in the business life cycle
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The 5th stage in the business life cycle
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Best if you need easy set-up; 1 owner maximum; owner is personally responsible for business liabilities
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Offers similar benefits as a C Corporation, but better for smaller businesses; 100 shareholders max
Down
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Any company that offers the same thing as you
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A business whose products/services are different from yours but potentially could satisfy the same need within the same target audience
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Social media, email, Google ads
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Information that has been collected by someone else in the past
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The 2nd stage in the business life cycle
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The group of potential customers to whom a company wants to sell its products and services
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The 3rd stage in the business life cycle
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The first step/stage in the business life cycle