Firstly, an enterprise is simply another name for a business. Legal enterprises come in many different forms. Enterprise Plus. Updated July 2020. What We Mean When We Say “Enterprise-Level” Speak with our awesome IT Experts now. What We Mean When We Say “Enterprise-Level” Speak with our awesome IT Experts now. In California, fictitious business statements are governed by Business and Professions Code Section 17900-17930 which says that in the case of an individual, a name that does not include the surname of the individual or a name that suggests the existence of additional owners requires filing a fictitious business statement. How can I get a copy of my receipt? Additionally, you should recognize that company culture plays a significant role in enterprise-related activities. Enterprise software, enterprise-grade security, or enterprise-level features are all examples of how the term might be used, but what does it actually mean? What does the name Enterprise mean? How it's structured affects how taxes are paid and liabilities are determined. The cost of business name registration in Nigeria. USS Enterprise, a U.S. Navy Recruit Barracks named in honor of the Navy's Enterprise ships; See also. Enterprise is a word that is commonly used to refer to some businesses. Avoid Wordplay Dangers. For example, we cannot say “The enterprise where he works employs 10 people.” However, a company that belongs to … Enterprise and corporation seem like two interchangeable words that mean business or company. Essentially, the word "enterprise" can be used to describe any company that has multiple locations, levels, departments or divisions that collaborate together to achieve company goals and objectives. The term "enterprise" has two common meanings. How to use enterprise in a sentence. Information and translations of business enterprise in the most comprehensive dictionary definitions resource on the web. See more. Partnerships are usually registered with the state or states in which they do business, but the requirement to register and the types of partnerships available vary from state to state. A registered or legal name identifies your business and is used by federal and state taxing authorities when filing your business taxes and banks and other financial institutions for legal purposes. The CAC official filing fee for the registration of business name … List of 1 ENTERPRISE definition. In many instances, an enterprise may not be as formal. There are few guidelines to consider when choosing a name for your small business, including: If you need help with determining if you can use enterprise in your business name, you can post your legal need on UpCounsel's marketplace. Can I use enterprise in my business name? While the term "fictitious business" may come across as a business with illegal practices in mind, that is not the case. What does business enterprise mean? ... A micro- is defined as a business having 5 or fewer employees and a low seed capital. See more. It's advised that you complete database research at both the state and federal level. Enterprise Building (disambiguation) Business (disambiguation) Enterprise High School (disambiguation) Entreprenant (disambiguation), the French word for enterprising and the name of several sailing vessels An enterprise is a company or business, often a small one. An enterprise is understood to be a business organization. If your desired name is available, it's important to register it quickly with your state. What does ENTERPRISE stand for? The enterprise sales model revolves around nurturing customer relationships, which means longer sales cycles and higher risk than other sales models. At the worst, the risk of an enterprise might mean the person making the investment loses all his/her money or becomes personally liable for the debts of the business. An enterprise is also known as a company. Customer Service. Utilities At a high level, enterprise value can be defined as a number that theoretically represents the entire cost of a company if you, or some other investor, were to acquire 100% of it. However, some states require LLCs and corporations to include “LLC” or “Corporation” in their legal name (e.g., Rockwell Technology LLC). Enterprise solutions are designed to integrate multiple facets of a company’s business through the interchange of information from various business process areas and related databases. The dictionary definition of “enterprise” is: a business or company. You will often come across the use of the word when reading about start-ups and other businesses…"Simon Cowell's enterprise" or "Michelle set up her successful enterprise after leaving teaching". Will elite tiers be extended as a result of COVID-19 travel restrictions? Does Enterprise have a lost and found? Your sales rep is the most important element when it comes to securing and retaining enterprise customers. Secondly, and perhaps more importantly, the word enterprise describes the actions of someone who shows some initiative … You’re a small business, and as such, you need technology in order to keep your operations moving forward. Enterprise definition, a project undertaken or to be undertaken, especially one that is important or difficult or that requires boldness or energy: To keep the peace is a difficult enterprise. However, the word is used more for individuals whose actions reflect an initiative involving risk. Business enterprise means any (i) industry for the manufacturing, processing, assembling, storing, warehousing, servicing, distributing, or selling of any products of agriculture, mining, or industry or professional services; (ii) commercial enterprise making sales or providing services to industries described in clause (i); (iii) enterprise for research and development, including but not limited to … Enterprise software, enterprise-grade security, or enterprise-level features are all examples of how the term might be used, but what does it actually mean? If the business acquires debts, the creditors can go after the owner's personal possessions. Enterprise definition is - a project or undertaking that is especially difficult, complicated, or risky. Business entities are usually created at the state level, often by filing documents with a state agency such as the Secretary of State. Meet Jack Ma - From Poor English Teacher & KFC Reject to Asia's Richest Man, Supermarket Sweep! Definition of business enterprise in the Definitions.net dictionary. Taking the wordplay strategy will add to the difficulty in having customers … Jim co-founded tutor2u alongside his twin brother Geoff! However, some states require LLCs and corporations to include “LLC” or “Corporation” in their legal name (e.g., Rockwell Technology LLC). Showing initiative is about taking decisions and being bold – not everyone is like that! Enterprise definition is - a project or undertaking that is especially difficult, complicated, or risky. If the applicant provides all the required information, it takes just within 48 hours to register a business name in Nigeria. USS Enterprise, a U.S. Navy Recruit Barracks named in honor of the Navy's Enterprise ships; See also. Origin and Meaning of Enterprise Submit the origin and/or meaning of Enterprise to us below. Lawyers on UpCounsel come from law schools such as Harvard Law and Yale Law and average 14 years of legal experience, including work with or on behalf of companies like Google, Menlo Ventures, and Airbnb. There are community and educational enterprises that do not fall into the category as a company because their primary goal does not relate to generating profits. The acronym SME is a clear indication that the enterprise is associated with ventures. Hire the top business lawyers and save up to 60% on legal fees. Public enterprise, a business organization wholly or partly owned by the state and controlled through a public authority. | Meaning, pronunciation, translations and examples These days, enterprise seems to be frequently used when discussing IT companies. “Private enterprise” can be referred to as a strong intent directed towards generating and earning profits. How to use enterprise in a sentence. The term enterprise can technically be used to label a company. Using a name that has already been claimed by another business is not permitted. The word “enterprise” is frequently associated with entrepreneurial ventures, but it's generally used as a way to describe a for-profit business.4 min read. All business investments carry an element of risk – which is the chance or probability that things will go wrong. Enterprise has become greatly associated with the IT industry, with terminology like “enterprise solutions” and “enterprise class” often being used. However, enterprise is a more general term and corporation implies that a business has been legally incorporated at the state level, thus receiving the limited rights of a legal person. So on the surface, “enterprise software” just means software meant for businesses. Enterprise definition: An enterprise is a company or business, often a small one. No need to spend hours finding a lawyer, post a job and get custom quotes from experienced lawyers instantly. Reach the audience you really want to apply for your teaching vacancy by posting directly to our website and related social media audiences. A company‘s main priority is to engage in economic activity to earn profits for the shareholders. 1. the activity of providing goods and services involving financial and commercial and industrial aspects Familiarity information: BUSINESS ENTERPRISE used as a noun is very rare. What Are the Meanings of Enterprise, Company, Corporation & Incorporated, 2. You’re a small business, and as such, you need technology in order to keep your operations moving forward. Enterprise definition, a project undertaken or to be undertaken, especially one that is important or difficult or that requires boldness or energy: To keep the peace is a difficult enterprise. Determining if you need to file a fictitious name depend… The word “enterprise” is frequently associated with entrepreneurial ventures, but it's generally used as a way to describe a for-profit business. Definition: A Private Enterprise is an entity that operates under the ownership and management of individuals that freely decided to develop a given business idea. Forming a Partnership . A business enterprise can be operated as a sole proprietorship, partnership, corporation, limited liability company or other type of … It typically allows unlimited use of the program throughout the organization, although there may be restrictions and limitations. The dictionary definition of “enterprise” is: a business or company. There are a few points to address when pointing out the differences between an enterprise and a company, including: Deciding on a name for a business is not an easy task. Difference Between Enterprise and Company, 4. Risk-taking is slightly different. Don't use a business name that's spelled differently than it sounds. Top ENTERPRISE abbreviation meaning: Evaluating New Technologies … Look again at two key words above – initiative and risk. In today's world, an enterprise means entrepreneurship. There are many forms of legal enterprises, with the most common in the U.S. being: A business structure does not allow for corporate tax rates. Entrepreneurs who find success because they're willing to take risks may be described as “enterprising.” The word “enterprise“ is another word for a business. How do refunds work with the different methods of payment? What Does Private Enterprise Mean? 1. UpCounsel accepts only the top 5 percent of lawyers to its site. Fax: +44 01937 842110, We’re proud to sponsor TABS Cricket Club, Harrogate Town AFC and the Wetherby Junior Cricket League as part of our commitment to invest in the local community, Company Reg no: 04489574 | VAT reg no 816865400, © Copyright 2018 |Privacy & cookies|Terms of use, Entrepreneurs and the Businesses They Founded - "MatchUp" Activity, Enterprise and Entrepreneurs "Concentration" Activity, Starting a Business: Objectives of an Entrepreneur (GCSE), Starting a Business: Risks and Rewards (GCSE), Starting a Business: Qualities of an Entrepreneur (GCSE), Generating Business Ideas for a Start-up (Revision Presentation), Entrepreneurs and Enterprise Skills (Revision Presentation). Meaning of business enterprise. Rather, the importance is in understanding the necessity for company-wide collaboration within your business. Some public enterprises are placed under public ownership because, for social reasons, it is thought the service or product should be provided by a state monopoly. Big companies want to be sure that their business name is clear, relatable, and non-offensive. 214 High Street, Characterizing your company as an enterprise doesn't hold much value. The trick is to take calculated risks, and to ensure that the likely returns from taking a risk are enough to make the gamble worthwhile. A commercial enterprise is a business – a company or firm. Entrepreneurs who find success because they're willing to take risks may be described as “enterprising.” The word “enterprise“ is another word for a business. A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. West Yorkshire, The phrase “enterprise class” is also related terminology, referring to a device or a solution meant to be used in a large organization. Enterprise describes a readiness to act boldly to get something started, like the enterprise it takes to start a charity with only a dream and a few dollars. Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs. He or she tends to be decisive. Find more ways to say enterprise, along with related words, antonyms and example phrases at Thesaurus.com, the world's most trusted free thesaurus. Where does Enterprise offer the ability to use toll lanes? Another common phrase used to describe smaller ventures and companies within an economy is “Small and Medium Enterprises (SME).” Generally, the term enterprise has an informal meaning. Prior to selecting a name, be sure to check availability. Enterprise Value Defined . Want High Quality, Transparent, and Affordable Legal Services? Share it with your network! There are plenty of small industrial enterprises. It is important to choose a name that is memorable and unique. Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. A small business owner has the opportunity to be a little bolder in their choice of a business name. Businesses can be for-profit entities or non-profit organizations. Enterprise is another word for a for-profit business or company, but it is most often associated with entrepreneurial ventures. Business name registration is faster. Secondly, and perhaps more importantly, the word enterprise describes the actions of someone who shows some initiative by taking a risk by setting up, investing in and running a business. A software site license that is issued to a large company. The various enterprises may be described as one of the following: In the United States, the most common enterprise is a sole proprietorship. Generally, larger companies tend to have flatter and more generic names. Business entities refer to the type or structure of a business, not what it does. For a publicly-traded company, this would mean buying up all of the stock shares, effectively taking the company private. Firstly, an enterprise is simply another name for a business. A person who takes the initiative is someone who "makes things happen". Unlike other business structures, the business legal name for LLCs and corporations does not have to include any of the owners’ names to be the business name. Another word for enterprise. Much cheaper & more effective than TES or the Guardian. What happened to the winners of The Apprentice? However, it is more commonly used to describe the sense of growth and action, as in the case of a private enterprise. The Entrepreneur Who Profits from Supermarket Castoffs, Edexcel A Level Business Unit Assessment - Unit 1.5, Entrepreneurs - How to Make Money the Instagram Way, Introducing Topic Plus PowerPoints for Edxcel GCSE Business (9-1) - Theme 1, Meet the entrepreneur who is allergic to bureaucracy, How helping out your mum could be the start of a big gig business, The Prisoner’s Solution – Podcast and Question Sheet, China's Pollution Problems Create Entrepreneurial Opportunities, The Big Bang Theory does Business Studies, Pitch to Rich 2015 - Insights into Branson & Entrepreneurship, Non-Financial Methods to Improve Employee Performance and Motivation, Internal and External Influences on Corporate Objectives, Social Change: Consumer Lifestyles and Buying Behaviour, AQA A-Level Business Calculation Practice Book, AQA A Level Business Theories & Models Revision Cards, Advertise your teaching jobs with tutor2u. Enterprise Building (disambiguation) Business (disambiguation) Enterprise High School (disambiguation) Entreprenant (disambiguation), the French word for enterprising and the name of several sailing vessels Use a name that's easy to spell and pronounce. Can I use enterprise in my business name? You will often come across the use of the word when reading about start-ups and other businesses…"Simon Cowell's enterprise" or "Michelle set up her successful enterprise after leaving teaching". The term "enterprise" has two common meanings. In business there is no such thing as a "sure fire bet". All students preparing for mock exams, other assessments and the summer exams for either AQA or Edexcel GCSE Business. It is common to hear or read the word being used for startups and established commercial setups. Boston Spa, A trade name is what is used in advertising or trade purposes. enterprise noun (BUSINESS) C1 [ C or U ] an organization, especially a business, or a difficult and important plan, especially one that will earn money: Don't forget this is a commercial enterprise - we're here to make money. It means taking a small business idea and growing it into something big, making more money, earning more profits, and employing more people as time goes by. An enterprise zone is a geographic area that has been granted special tax breaks, regulatory exemptions, or other public assistance in order … People who have entrepreneurial success are often referred to as “enterprising.”. A business enterprise is the undertaking of activities associated with the production, sale or distribution of products or services. The word “enterprise” is frequently associated with entrepreneurial ventures, but it's generally used as a way to describe a for-profit business. 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