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Sales Revenue

Sales revenue is the total money received for goods or services sold.

Small Sized Business

A small business is defined as a business employing less than 20 people. Categories of small businesses include: - non-employing businesses - sole traders & partnerships without employees; - micro businesses: employing less than 5 people; - other small businesses: employing between 5 and 20 people.

Succession plan

Succession planning is the process of planning appropriate action in the event that a key person within an organisation is no longer available to the organisation.

Sustainability

The ability to provide for the needs of the world's current population without damaging the ability of future generations to provide for themselves. When a process is sustainable, it can be carried out over and over without negative environmental effects or impossibly high costs to anyone involved.

Sustainability Action Plan

A plan to evaluate various sustainability actions and plan for their implementation.

Sustainable growth

Maximum amount of growth a firm can sustain without increasing financial leverage.

Social impacts of business

Social impacts generally refer to impacts on people, including staff, customers and the broader community. Good management of people will usually translate to higher levels of productivity, a stronger customer base and an enhanced reputation in your community.

Sustainability Strategy

A strategy of action designed to achieve a particular goal with regards to ‘Business sustainability’.