Chapter 5: How to Form a Business

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Across
  1. 4. Company A buys Company B
  2. 6. Judi Missett of Jazzercise was one of these
  3. 9. A business that can choose to offer outside ownership or remain privately help
  4. 11. Buys the right to use a business name and sell a product or service
  5. 12. Most common form of business ownership
  6. 13. Two companies in related industries join together
  7. 14. Advantage: shared management and knowledge
  8. 17. Owner with unlimited liability and is active in managing the firm
Down
  1. 1. Company where profit distribution percentages are decided by members
  2. 2. Owner who invests money in the business but is not active in its operations
  3. 3. Can be formed as a sole proprietorship, partnership, or corporation
  4. 5. They are a major force in agriculture and other industries
  5. 7. Merger where you can diversify and expand your products
  6. 8. Merger allows you to diversify your business operations
  7. 10. The risk of personal losses
  8. 15. Your profits are taxed only as personal income
  9. 16. A coming together of two companies