Starting a business

2. provides the inventor of a technical breakthrough with the ability to stop anyone copying the idea for up to 20 years
4. a person who has paid to become part of an established franchise business
7. establishing a business as a separate legal entity from its owners, and therefore giving the owners limited liability
8. the abbreviation is Ltd
12. owners are not liable for the debts of the business; they can lose no more than the sum they invested
14. the finances of the business are treated as inseparable from the finances of the business owner(s)
16. an individual, group, or organization that owns one or more shares in a company
18. a one-person business with unlimited liability
21. also called franchise agreement
23. any sign that can distinguish the goods and services of one trader from those of another

1. somebody who makes a business idea happen
3. those owed money by a business (e.g. suppliers and bankers)
5. the abbreviation is plc
6. a successful entrepreneur needs this characteristic; particularly when the going gets tough
9. the German word for public limited company
10. this law is completely different in Germany and America
11. the cost of missing out the next best alternative
13. name of the most famous franchise
15. property IP the abbreviation
17. the company that allows an individual to run a location of their business
19. legal procedure for liquidating a business (or property owned by an individual) which cannot fully pay its debts out of its current assets
20. a place where shares are bought and sold
22. makes it unlawful for people to copy an author’s original written work