Small Business

Freelancer vs Consultant vs Entrepreneur

Freelancer vs Consultant vs Entrepreneur
A Freelancer is someone who is essentially self-employed. He works for an employer for a short time with any long-term commitment. A consultant, on the other hand, is a professional, usually with years of...

Startup Incubator vs Accelerator

Startup Incubator vs Accelerator
Startup Incubators, also known as Business incubators are systems that aim to help startup and early-stage companies. They then provide office space and shared administrative services to the venture, as well...

Role vs Position vs Designation

Role vs Position vs Designation
A ‘role’ is a prescribed or expected behavior associated with a particular position; while, a ‘position’ refers to a place or status assigned to an individual; and a ‘designation’ refers to the act of putting...

Public vs Private Company

Public vs Private Company
The companies can be differentiated on the basis of power to offer their securities to the general public. A company who is permitted to sale the securities to general public is referred to as a public company...

Authority vs Responsibility

Authority vs Responsibility
Authority and Responsibility are two sides of the same coin. The term ‘authority’ stands for power or rights assigned to an individual to make decisions, whereas ‘responsibility’ is a duty to maintain and...

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