Small Business
‍Glossary

An Accountability Chart is a visual tool that clearly defines roles, responsibilities, and reporting structures within an organization. It helps teams understand who is accountable for what, streamlining decision-making and improving overall efficiency.

Acquisition refers to the process of buying an existing business, typically by an entrepreneur or investor. It involves identifying, evaluating, negotiating, and purchasing a company to take over its operations and assets.

A professional who helps connect buyers and sellers of businesses, assisting in negotiations, valuations, and deal structuring. They play a key role in facilitating the purchase of existing companies for entrepreneurs seeking acquisition opportunities.

A framework that organizes and aligns a company's vision, people, and processes. It provides tools and methods to improve communication, accountability, and decision-making, helping businesses run more smoothly and achieve their goals.