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E-commerce

Stock Keeping Unit (SKU)

A unique code consisting of letters and numbers that identify characteristics about each product, such as manufacturer

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E-commerce
Business Operations

Often include a section dedicated to operations so that company founders understand the systems, equipment, people, and processes

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E-commerce
Distribution Channel

Network used to get a product from the manufacturer or creator to the end user.

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E-commerce
Subchapter S Corporation (S Corp)

The shareholders cannot be held responsible. Being able to shift liability away from the owner and onto the business itself is a major advantage.

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E-commerce
Sole Proprietorship

Owned and run by an individual. It is not a legal entity but a description of a type of business,

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E-commerce
Enterprise Resource Planning

a comprehensive software platform used to help a business run more efficiently and effectively, by automating core processes.

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