COMMERCE 1B03 Chapter Notes - Chapter 7: Affiliate Marketing, Small Business
Document Summary
Chapter 7: entrepreneurship and starting a small business. An internet-based marketing strategy in which a business rewards individuals or other businesses (affiliates) for each visitor or customer the affiliate sends to its web site. Private individuals who invest their own money in potentially how new companies before they go public. Must meet at least one of the following minimum criteria: It must have at least one pair employee. It must have annual sales revenue of ,000. It must be incorporated and have filed a federal corporate income tax return at least once in the previous three years. A detailed written statement that describes the nature of the business, the target market, the advantages the business will have in relation to competition, and the resources and qualifications of the owner(s). Meets one of the business establishment criteria and usually maintains a payroll of at least one person, possibly the owner.