Chapter 3 Edexcel business

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Across
  1. 3. official examination of a company's financial records in order to check that they are correct
  2. 6. cooperative that is owned by its customers
  3. 7. business owned by a single person
  4. 8. businesses where there is no legal difference between the owner and the business
  5. 9. structure in which a business (the franchisor) allows another operator (the franchisee) to trade under their name
  6. 11. people employed in a business/used in production
  7. 13. owner of a business is personally liable for all business debts
  8. 14. cooperative of retail members, who often work together to assert their purchasing power
  9. 15. business that has a separate legal identity from that of its owners
  10. 16. organisations that give money, goods or help to people who are poor, sick or in need
  11. 17. business that aims to improve human or environmental well-being, charities for example
  12. 19. business owned by between 2 and 20 people
Down
  1. 1. binding legal document that states the formal rights of partners
  2. 2. company, factory or organisation in which all the people working there own an equal share of it
  3. 4. cooperative that is owned by its employees
  4. 5. partnership where some partners contribute capital and enjoy a share of the profit but do not take part in the running of the business
  5. 10. business owner is only liable for the original amount of money invested in the business
  6. 12. goods that are being sold
  7. 18. someone who introduces changes and new ideas