SECTION 4: Types of Business organization

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Across
  1. 2. owners of a limited company.(2 words)
  2. 4. the finance needed when first setting up a business (2 words)
  3. 8. often a large company owned by shareholders who have limited liability. The company can sell its shares to the general public.(3 words)
  4. 12. a payment out of profits, to shareholders as a reward for their investment.
  5. 13. longer document that contain information about specifies the regulations for a company's operations and defines the company's purpose (3 words)
  6. 14. owns the overall rights and trademarks of the company and allows its franchisees to use these rights and trademarks to do business
  7. 18. business that have a separate legal entity from their owners (2 words)
  8. 19. a business form by two or more people who will usually share responsibility for that day-to-day running of the business. Partners usually invest capital in the business and will share profit.
Down
  1. 1. owner of the business is personally liable for all of its debts (2 words)
  2. 3. a person or organization who owns shares in a limited company private
  3. 5. the shareholders in a limited liability company which fails only risk losing the amount they have invested in the company and not any of their personal wealth.(2 words)
  4. 6. a business organisation that is owned and controlled by the state.(2 words)
  5. 7. individual or company that holds a franchise for the sale of goods or the operation of a service
  6. 9. a business that does not have legal identity separate from its owners. The owners have unlimited liability for business debts.(2 words)
  7. 10. a business system where entrepreneurs buy the right to use the name, logo and product of an existing business.
  8. 11. often a small to medium-sized company; owned by shareholders who have limited liability. The company cannot sell its shares to the general public.(2 words)
  9. 15. non-current assets offered as security against borrowing
  10. 16. two or more businesses agree to work together on a project and set up a separate business for this purpose. (2 words)
  11. 17. A business that is owned and controlled by just one person who takes all of the risks and receives all of the profit.(2 words)