Business

4. money you have after paying for business expenses.
7. When a company buys more than a half of the shares of another company and becomes its controlling owner.
9. the legal right to use the name, logo and trading system of an existing successful.
10. a jointly owned business operated by members for their mutual benefit, to produce goods
12. a legal entity formed by a group of individuals to engage in and operate a business
16. a person or institution owning shares in a limited company.
18. the action of showing initiative to take the risk to set up a business
19. selling price times quantity sold
20. a business employee who takes direct responsibility for turning an idea into a profitable new product or business venture.
21. a person or business that sells the right to open stores and sell products or services, using the brand name and brand identity.

1. productive work
2. an individual consumer or organisation that purchases goods or services from a business.
3. the process of differentiating a product by developing a symbol, name, image or trademark for it.
5. a person or business that buys the right from the franchiser to operate the franchise
6. a business formed by two or more people to carry on a business together, with shared capital investment and, usually, shared responsibilities.
8. an individual who has the idea for a new business, starts it up and carries most of the risks but benefits from the rewards.
11. an individual who purchases goods and services for personal use.
13. an agreement by owners and managers of two businesses to bring them together in a new combined business.
14. Anything that confers value or benefit to its owners.
15. a certificate confirming part-ownership of a company and entitling the shareholder owner to dividends and certain shareholder rights.
17. Literally means that 'the whole is greater than the sum of parts' - it is often assumed that the new business will be more successful than the original separate business.