Business Challenges

Minority Business
Minority Business refers to enterprises owned and operated by underrepresented groups, often experiencing unique challenges such as lack of financing and management experience. Government initiatives, including earmarking a percentage of government contracts, aim to support their growth and success.
Setback
Setback refers to both a specified distance from a curb or property line which restricts the erection of buildings, and to problems in business or manufacturing that lead to lower profits or delays in achieving targets.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.