Design thinking Process / Business Life Cycle / Legal Structures

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Across
  1. 1. Business Life Stage where business is healthy and making money
  2. 3. Business Life Stage where owner can choose to grow business or sell it
  3. 5. Legal Structure that does not generate profit and pays no taxes
  4. 8. Business Life Stage where business is started
  5. 9. Step of Design Thinking Process: Identify needs of customer
  6. 10. Step of Design Thinking Process: Refine and test your product
  7. 12. Legal structure with lower tax rate, is not double taxed
  8. 14. Step of Design Thinking Process: ______ Problems customer face that keep them from having what they want
  9. 15. Step of Design Thinking Process: Create your solution in the form of an MVP
  10. 16. Business Life Stage where business has cash flow and is trying to grow customers, not making money
Down
  1. 2. Best legal structure for international business
  2. 4. Legal structure with one or more partners
  3. 6. Step of Design Thinking Process: Think up ideas and solutions
  4. 7. Business Life stage where growth slows and owner must decide whether to continue as is or change strategies or projects to increase growth
  5. 8. Business Life Stage where owner sells their business
  6. 11. Easiest structure to use but has unlimited liability
  7. 13. Business Life Stage where owner is no longer dependent on the business and can separate financially and operationally
  8. 17. Legal structure that limits owner's risk, ideal for single owner