TRL300 Chapter 4 Review Small Business

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Across
  1. 5. Linda has a dressmaker business that she owns and operates out of her home. Linda's ownership structure likely is ___
  2. 8. Benefit of sole proprietorship and partnership
  3. 9. Disadvantage of sole proprietorship (2 words)
  4. 12. Number of key elements in the entrepreneurial process
  5. 13. Liz has decided to issue shares of her company to raise some capital. Liz is launching a (n) ____.
  6. 14. The risks of starting a business from scratch are greater than the risks of buying an existing firm. (true or false)
  7. 15. Percentage of small businesses in Canada.
  8. 16. An estimate of how much of a service/product will be purchased during a specific period of time
Down
  1. 1. Two types of partners (2 words)
  2. 2. Most common reason for failure of small business (2 words)
  3. 3. Individuals who recognize and seize opportunities
  4. 4. Financing that refers to money invested in a business in exchange for an ownership interest.
  5. 6. Textbook defines a small business as an owner-manager with fewer than __________employers
  6. 7. Not an advantage of buying a franchise (4 words)
  7. 10. A person who creates something news within an existing large firm or organization
  8. 11. Financing that involves borrowing funds
  9. 17. Type of equity investor