Across
- 3. items of value
- 6. the ability of a business to pay its short-term debts on time
- 7. money owing to external sources; eg a bank
- 9. the ability to cope with the ups and downs, adapt well to change and bounce back from challenges
- 11. a legal document issued by companies that are offering securities for sale
- 13. the group of customers to whom the business intends to sell its products
- 15. A business that is owned and operated by one person
- 18. process whereby a company has become a separate legal entity from its owners (shareholders)
Down
- 1. a business owned and operated by between two and twenty people
- 2. a detailed examination of the strengths and weaknesses of different alternatives in order to see whether the benefits outweigh the costs
- 4. if the business cannot pay its debts, a shareholder generally loses only the money he or she invested in the business
- 5. This kind of company can have an unlimited amount of shareholders and the general public can buy and sell their shares
- 8. company an incorporated business with between 2 and 50 private shareholders
- 10. where the borrower does not need to have an asset to offer as security, but the interest rate is usually higher
- 12. where the borrower offers an asset as security for the loan
- 14. The monetary value of a business' reputation
- 16. funds contributed by the business owner(s)
- 17. involves buying the rights from another business to distribute its products under its name