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ESB Vocabulary

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