Starting a business

6. an individual, group, or organization that owns one or more shares in a company
7. IP the abbreviation
8. the German word for public limited company
11. the cost of missing out the next best alternative
12. this law is completely different in Germany and America
13. somebody who makes a business idea happen
14. the abbreviation is plc
15. a one-person business with unlimited liability
16. a place where shares are bought and sold
18. legal procedure for liquidating a business (or property owned by an individual) which cannot fully pay its debts out of its current assets
19. the company that allows an individual to run a location of their business
20. the finances of the business are treated as inseparable from the finances of the business owner(s)
23. establishing a business as a separate legal entity from its owners, and therefore giving the owners limited liability

1. name of the most famous franchise
2. makes it unlawful for people to copy an author’s original written work
3. provides the inventor of a technical breakthrough with the ability to stop anyone copying the idea for up to 20 years
4. those owed money by a business (e.g. suppliers and bankers)
5. the abbreviation is Ltd
9. owners are not liable for the debts of the business; they can lose no more than the sum they invested
10. also called franchise agreement
17. a person who has paid to become part of an established franchise business
21. a successful entrepreneur needs this characteristic; particularly when the going gets tough
22. any sign that can distinguish the goods and services of one trader from those of another