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Key: commerce

E-commerce
Barrier To Entry

Can include government regulations, the need for licenses, and having to compete with a large corporation as a small business startup.

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E-commerce
Limited Liability Company

Business entity with all the protection of a corporation plus the ability to pass through any business profits and losses to your personal income tax return.

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E-commerce
Brand Equity

Value is determined by consumer perception of and experiences with the brand

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E-commerce
Human Resources (HR)

Recruiting, vetting, selecting, hiring, onboarding, training, promoting, paying, and firing employees

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E-commerce
Direct Marketing

Method that involves presenting information about your company, product, or service to your target customer without the use of an advertising middleman

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E-commerce
Purchase Order

A buyer committing to pay the seller for the sale of specific products or services

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Products
Retail

A business sells a product or service to an individual consumer for his or her own use

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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
Small Business

Officially qualifying as a small business can help a company compete for government contracts, if it so desires

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Taxes
Tariff

A tax imposed by a government on goods and services imported from other countries

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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 made easy

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