Work at Home Business Glossary

Definitions to the terms used to describe actions and event in the world of Home Business.

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


Partnership A legal agreement between two or more persons or companies contractually associated for a specific business purpose.
Press Release A way to communicate information, which can be distributed via newspapers, television, radio or the internet. Press releases typically publicize good news or required news about your company or its products.
Profit Margin The positive difference between your receipts from selling products or services compared to your cost of producing these products or services.
Promote To educate or make people, particularly your customers, aware of your products, services or some upcoming event.
Proprietorship A common legal form of business ownership and the most simplistic legally. Approximately 80 to 90 percent of all small businesses take this legal form. Owner liabilities are unlimited in a proprietorship.
Prospect A potential customer you would like to sell your product or services to.
Prospecting Identifying businesses or individuals who could become customers for your products or services.