| A | B |
|---|
| entrepreneur | A person who organizes and runs their own business. |
| start-up costs | The initial costs of beginning a business. |
| goodwill | The loyalty and approval of existing customers. |
| franchise | The legal right to sell a company’s goods and services in a particular area. |
| sole proprietorship | A business completely owned by one person. |
| partnership | A legal arrangement where two or more people share ownership of a business. |
| corporation | A business chartered by a state that legally operates apart from the owner(s). |
| flextime | When workers construct their work schedules to suit their lives. |
