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Across
  1. 2. a name under which you conduct a business.
  2. 3. a type of business operated from 2 to 20 people (partners). Shares their profit and losses among partners.
  3. 5. a company or other organization that is not formed into a legal corporation.
  4. 8. owners are personally responsible for the debts of the business.
  5. 11. an authorization granted by government/company to an individual/group enabling them to carry out specified commercial activities
  6. 13. an item owned by a person or company that is regarded as having value.
  7. 16. unlimited number of shareholders. Public buys and sells shares in company.
  8. 18. simplest form of legal structure of business entity. Owned and operated by one person.
  9. 20. the part of the national economy that is not under direct state control.
  10. 23. an individual, company, or organization that has legal rights and obligations.
  11. 24. capital money invested to start a new business (for product development, manufacturing, marketing etc).
  12. 25. a company whose shares may not be offered to the public for sale and which operates under legal requirements less strict
  13. 26. the owner of shares in a company.
Down
  1. 1. not for profit activities or activities that you would usually find in someone's home.
  2. 4. a sum of money that is owed or due.
  3. 6. business relationship where franchisers sell the right to market and distribute franchiser's goods.
  4. 7. the part of an economy that is controlled by the state.
  5. 9. a company or other organization that is formed into a legal corporation.
  6. 10. a person or company to whom money is owing.
  7. 12. private company with less than 50 private owners (shareholders). Often family owned.
  8. 14. your own or your partner's money (types of finance)
  9. 15. fund by raising money from a large number of people who each contribute a small amount
  10. 17. a large company or group of companies authorized to act as a single entity and recognized.
  11. 19. refers to the expenses and asset purchases associated with getting the business started.
  12. 21. Privately owned with no government ownership. Private sector businesses can be either unincorporated or incorporated.
  13. 22. the shareholder only loses money invested through his/her business.