Category:Business terms

MyWikiBiz, Author Your Legacy — Wednesday September 10, 2025
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self-liquidating: providing enough income to pay off the amount borrowed for financing.

service business: A retail business that deals in activities for the benefit of others.

service charge: a gratuity usually paid in restaurants and hotels; a fee for any service provided, or additional fee for any enhancements to an existing service.

setup costs: the costs associated with making a workstation or equipment available for use.

short-term notes: Loans that come due in one year or less.

sole proprietorship: Business legal structure in which one individual owns the business.

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