| A | B |
| a goverment agency that assists, counsels and protects the interests of small businesses in the US | Small Business Administration |
| An independent business with fewer than 500 employees, depending on the industry | small business |
| A carefully constructed guide for the person starting a business | business plan |
| A license to operate an individually owned business as though it were part of a chain of stores | franchise |
| The actual granting of a franchise | franchising |
| An individual or organization granting the franchise | franchisor |
| A person or organization purchasing a franchise | franchisee |
| Money that is invested in small and struggling firms that have the potential to become successful | venture capital |