Business Organizations

1. partners share equal liability in the profits and losses of the business
4. Create the products and services used by individuals and other businesses.
5. A business owned and operated by one person.
12. money raised by a business or investor in exchange for a share of ownership of the company
14. A business that takes resources from nature for direct consumption or for developing other products.
15. Businesses involved in selling goods and services to consumers or businesses.
16. Short, specific written statement of the reason a business exists and what it wants to achieve.
17. someone who has business experience and will aid in guiding a company to success
19. Descriptions of the way work is to be done
20. business which leases its trade name and operating system to another person

2. partners have an unequal share and liability in the business; they are responsible only for the amount they invested
3. 2 or more businesses working together for a limited time on a specific project. A type of partnership.
6. groups of individuals who invest their money in various types of companies in search of making a profit
7. A temporary worker without a contract, e.g.: seasonal worker
8. individual or groups which own a business and its legal entities
9. Supplies are obtained/purchased from other producers and then converted into other products.
10. A separate legal entity formed by documents filed with your state. Owned by one or more shareholders and managed by a board of directors.
11. a source of ready cash in case of unplanned issues, money in savings which can pay expenses when income may not be accumulating
13. Written contract granting permission to operate a business to sell products in a set/specific way.
18. Guidelines used in making consistent decision