Business Ownership Crossword

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Across
  1. 2. Shared business and profits between two or more people.
  2. 4. often times larger businesses with shares open for public to buy. They can raise more capital.
  3. 7. An agreement between a franchisor and a franchisee.
  4. 10. business owner/owners are not responsible for business debt.
  5. 12. When businesses and business owners are one entity. Sole traders and partnerships are an example of this - they bare unlimited liability.
  6. 15. meet up between shareholders and directors of a company to discuss business performance and more.
  7. 16. Individuals who own shares of a company, but do not get to make decisions about it.
  8. 17. Business owner is responsible for business debt.
Down
  1. 1. normally small businesses that have a small amount of shareholders. All shareholders must agree to sell shares of business.
  2. 3. Limited liability comes with incorporated businesses, as businesses and owners are seen as different legal entities.
  3. 5. When for the first time, a PLC's shares are being made available.
  4. 6. The business that buy rights to logos, brand names, production method etc. from a franchisor in order to distribute themselves.
  5. 8. an agreement between two or more businesses to run a new business project.
  6. 9. Elected by the other shareholders in the AGM, these are major shareholders with control over the company.
  7. 11. When a business is owned and controlled only by one person - unlimited liability but all profits are kept.
  8. 13. The company that sells their rights to logos, brand names, production method to the franchisee.
  9. 14. partner with unlimited liability
  10. 18. partner with limited liability