Quick Revision 4 December 2015

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Across
  1. 4. The owners of a sole proprietorship have ______ liability
  2. 5. In a partnership the profits are _____ among partners whereas all profits go to the owner of a sole proprietorship.
  3. 7. In a partnership, partners are taxed as ____
  4. 9. Profit motive, market opportunity, employment and ____ are reasons for opening your own business
  5. 10. is it True or False that a business can be both a trading and a service business?
Down
  1. 1. St Martha's Coffee Shop is an example of a _____ business
  2. 2. Contos Candle Makers isan example of a ____ business
  3. 3. A service firm earns its profit from selling its time, labour and _____
  4. 6. A potential cost of leaving salaried business and opening your own small business are: losing life savings if business doesn't succeed, loss of other benefits and loss of secure ____
  5. 8. Toni and Guy Hairdresser's is an example of a trading and a ____ business.