legal structures.

11. an organization set up to provide help and raise money for those in need.
12. usinesses owned by individuals or groups of individuals.
13. Private limited companies are owned by a relatively small number of shareholders, usually family and/or friends.
15. owend by the government
18. being listed on the stock exchange as a plc
19. Business owned by a single person
20. Business owned by between 2 and 20 people

1. Transfer private sector resources to the public sector
2. Owner of a business is personally liable for all business debts.
3. offer shares on a public stock market
4. government appoints board of directors
5. wned by its members who come together to work towards a common interest.
6. owner(of brand)
7. Businesses where there is no legal difference between the owner and the business.
8. basic systems and structures that allow a country or organisation to work properly
9. Paying part of the costs (often by government)
10. when a franchisor grants a licence to another business to allow it trade using the brand / business format.
14. Business owner is only liable for the original amount of money invested in the business.
16. Official examination of a company’s financial records to check that they are correct.
17. that has a separate legal identity from that of its owners