Unit 8.ppt

After studying this unit, you are expected to:

• state the benefits of setting up in business early in life, and acquire basic knowledge about four business models: e-commerce, partnership, franchising and sole agency;

• learn words and expressions concerning talking about above issues in starting up new business;

• understand entrepreneurial spirit.

WePay is an online payment service provider for small businesses in the United States. It was founded by Rich Aberman and Bill Clerico in 2008 in Boston, Massachusetts, and is now based in Palo Alto, California. WePay helps service providers send invoices, charge customer's credit cards, and accept payments on their website.