ESB CERTIFICATION TEST EXAM |
GUARANTEED ACCURATE
ANSWERS
Entrepreneurship - ACCURATE ANSWERS✔✔ Setting up business
with the aim to make profit.
B2B (business-to-business) - ACCURATE ANSWERS✔✔ Sells
products and services directly to other businesses. Normally requires a
sales tax exemption certificate from the buyer.
B2C (business-to-consumer) - ACCURATE ANSWERS✔✔ Sells
products and services directly to customer for personal use.
Small buisness - ACCURATE ANSWERS✔✔ A small business is when
a business has less than 35.5 million dollars in revenue, and fewer than
1,500 employees.
S corporation(Small businesses) - ACCURATE ANSWERS✔✔ is a
legal structure with 100 shareholders(U.S. citizens only) MAX, who are
not responsible for Liabilities. And they are only taxed once, and there is
a separate tax return for the business.
, C Corporation (Companies) - ACCURATE ANSWERS✔✔ is a legal
structure used for when the company plans to sell stock to the public. It
has unlimited shareholders (not responsible for liabilities) that are taxed
twice (corporates level and income received). A separate tax return is
required for business.
Sole Proprietorship - ACCURATE ANSWERS✔✔ A business owned by
one person that legally needs a DBA or business license. The owner is
responsible for liabilities, no separate tax needed (taxed once).
Limitied-Liability Company (LLC) - ACCURATE ANSWERS✔✔ This
is best for businesses concerned about liability protection. It has
unlimited owners who aren't responsible for liabilities, and can choose
how they want to be taxed. LLCs cannot go public.
Equity (business) - ACCURATE ANSWERS✔✔ The amount an
owner(s) would receive if their ownership interests in a business (stock)
were sold. (The money the owner has left over)
Equity Funding - ACCURATE ANSWERS✔✔ Using money from
investors to finance a project in exchange for shares in the company. Can
be used to raise working capitals.
equity financing - ACCURATE ANSWERS✔✔ money raised from
within the firm, from operations or through the sale of ownership in the
GUARANTEED ACCURATE
ANSWERS
Entrepreneurship - ACCURATE ANSWERS✔✔ Setting up business
with the aim to make profit.
B2B (business-to-business) - ACCURATE ANSWERS✔✔ Sells
products and services directly to other businesses. Normally requires a
sales tax exemption certificate from the buyer.
B2C (business-to-consumer) - ACCURATE ANSWERS✔✔ Sells
products and services directly to customer for personal use.
Small buisness - ACCURATE ANSWERS✔✔ A small business is when
a business has less than 35.5 million dollars in revenue, and fewer than
1,500 employees.
S corporation(Small businesses) - ACCURATE ANSWERS✔✔ is a
legal structure with 100 shareholders(U.S. citizens only) MAX, who are
not responsible for Liabilities. And they are only taxed once, and there is
a separate tax return for the business.
, C Corporation (Companies) - ACCURATE ANSWERS✔✔ is a legal
structure used for when the company plans to sell stock to the public. It
has unlimited shareholders (not responsible for liabilities) that are taxed
twice (corporates level and income received). A separate tax return is
required for business.
Sole Proprietorship - ACCURATE ANSWERS✔✔ A business owned by
one person that legally needs a DBA or business license. The owner is
responsible for liabilities, no separate tax needed (taxed once).
Limitied-Liability Company (LLC) - ACCURATE ANSWERS✔✔ This
is best for businesses concerned about liability protection. It has
unlimited owners who aren't responsible for liabilities, and can choose
how they want to be taxed. LLCs cannot go public.
Equity (business) - ACCURATE ANSWERS✔✔ The amount an
owner(s) would receive if their ownership interests in a business (stock)
were sold. (The money the owner has left over)
Equity Funding - ACCURATE ANSWERS✔✔ Using money from
investors to finance a project in exchange for shares in the company. Can
be used to raise working capitals.
equity financing - ACCURATE ANSWERS✔✔ money raised from
within the firm, from operations or through the sale of ownership in the
