Quick Revision 4 December 2015
Across
- 4. The owners of a sole proprietorship have ______ liability
- 5. In a partnership the profits are _____ among partners whereas all profits go to the owner of a sole proprietorship.
- 7. In a partnership, partners are taxed as ____
- 9. Profit motive, market opportunity, employment and ____ are reasons for opening your own business
- 10. is it True or False that a business can be both a trading and a service business?
Down
- 1. St Martha's Coffee Shop is an example of a _____ business
- 2. Contos Candle Makers isan example of a ____ business
- 3. A service firm earns its profit from selling its time, labour and _____
- 6. A potential cost of leaving salaried business and opening your own small business are: losing life savings if business doesn't succeed, loss of other benefits and loss of secure ____
- 8. Toni and Guy Hairdresser's is an example of a trading and a ____ business.