A sole proprietorship is a one-man business. It is owned and run by an individual. A sole proprietorship is not a legal entity but a description of the type of business.
In business terms, liability is something that the company owes. Generally, it is an obligation or something that you owe somebody.
Asset refers to any useful or valuable thing or a person. In business terminology, asset refers to any kind of monetary value owned by a business.
Unique Selling Proposition or USP is that one thing or a number of things that makes your business better than all your existing competitors.
Putting the right price on your product is incredibly instrumental in determining how your business works. Read this article to know more about product pricing.
If you own a departmental store anywhere in the city suburbs, the first thing on your mind would be to attract maximum customer attention towards your shop.
SKU is a unique code consisting of alphabets and numbers that identifies the characteristics of each product such as the manufacturer, brand, style, size and colour.
Pre-money valuation refers to the value of the company excluding the latest round of funding while post-money valuation includes external funding.
Offering a number of ways to make online payments provides a lot of benefits to both the customers and businesses alike. Read here to know more.
A minimum viable product means a product which usually has one basic set of features. It is released to a handful of people to test a new business idea.