Forms of Business Ownership

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Across
  1. 3. The amount of sales that corporations earn in America (a percentage).
  2. 6. A big disadvantage of the franchise model is a _____ __ _________.
  3. 9. A big advantage of the partnership model is ______ _________; there is a greater chance someone knows how to do each unique task.
  4. 11. You will have full ______ when you are a sole-proprietor.
  5. 13. A major advantage to the franchise form of business ownership is ______ ____________.
  6. 15. A corporation that is public (as opposed to private) lacks _________ in relation to their governance, finances, etc.
  7. 16. Split in a partnership ownership structure.
  8. 17. Perhaps the biggest disadvantage of the corporate organizational form is ________ ________ where the corporation must pay federal and state income taxes on their profits AND any profits (in the form of dividends) paid to stockholders are taxed as personal income.
  9. 19. Using a lot of ________ _____ is one of the biggest detriments to running your own business.
  10. 20. In the corporate form of ownership, there are extensive government ____________ in place to ensure fairness and integrity.
Down
  1. 1. When all losses fall on one owner or 2+ partners it is known as _________ ___________.
  2. 2. The amount of profit sole-proprietorships are responsible for in America (a percentage).
  3. 4. A form of business organization in which the company provides resources and direction to private owners who apply to sell company goods and services in a certain geographic area.
  4. 5. Once incorporated and publicly listed, those who invest in this organizational structure are known as ___________.
  5. 7. An association of two or more individuals who agree to operate a business together for profit.
  6. 8. A business organization that is established, owned, operated, and often financed by one person is known as a ____ ______________.
  7. 10. The number of small businesses in America that have a partnership structure (a percentage).
  8. 12. A type of partnership in which one partner has limited liability, while another has unlimited liability.
  9. 14. This form of ownership can own property, enter into contracts, sue and be sued, and engage in business operations under the terms of its charter.
  10. 18. A type of partnership in which partners share the same profits and losses evenly.