Small Business Glossary: T

tagline: A memorable phrase that provides consumers with a quick indication of your business's product, brand, and market position.

tangible: An asset owned by the business that can be touched, such as cash, inventory, or vehicles.

trademark: A word, phrase, symbol, design, or a combination of these used to identify and distinguish a business and its products or services.

turnover: When employees leave a business to work elsewhere.