Small Business

Board of Directors vs Management

Board of Directors vs Management
The board of directors is directly hired by the stockholders. The chairman is the head of the board of directors, which includes inside directors and outside directors. It is the board of directors’ job to...

Founder vs Promoter

Founder vs Promoter
In business, a founder is basically someone who has founded the company. Hence, the founder is also basically an entrepreneur. A promoter, on the other hand, is someone who promotes the business. It is the...

Founder vs Co-Founder

Founder vs Co-Founder
A founder is basically a person who founds or establishes something. The term is commonly used in the context of business and startups, where the founder is basically someone who founds and establishes a...

Receipt vs Invoice

Receipt vs Invoice
An invoice is basically a bill that lists the goods or services rendered and the cost of those goods or services. A receipt is an acknowledgement that the customer has paid his bill either in full or in part.

Federal Loans vs Private Loans

Federal Loans vs Private Loans
The most basic difference between them is the fact that the federal loans are provided by the government, whereas the private loans are provided by organizations in the private sector, such as private banks,...

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