Ownership New

2. another name for the money put into a business
3. provided by the franchisor to the franchisee
5. the person buying into the franchise
8. organisations in this sector include schools and hospitals
10. What does SME stand for?
12. the name for a partner who is not involved in the day to day running of a business
13. the name given to the money made by the owners after all their expenses and costs are paid
14. Ann runs a small catering business. What type of ownership is this.
15. a word used to describe the different skills and strengths a partner brings to the business
17. sole trader and partnership are businesses in the __ sector
18. paid by the franchisee to the franchisor
19. the person who owns the franchise

1. McDonald's is an example of this type of ownership
4. if business gets into debt the owners personal possessions can be taken
6. has 1 to 9 employees
7. this size of business has between 50 and 249 employees
8. owned by between 2 and 20 people
9. has between 10 and 49 employees
11. John and James will sign this document when going into business together
16. someone who owns a share in a business