TRL300 Chapter 4 Review Small Business

123456789101112131415
Across
  1. 1. An estimate of how much of a service/product will be purchased furing a specific period of time
  2. 2. Disadvantage of sole proprietorship
  3. 6. Textbook defines a small business as an owner-manager with few than ________employees
  4. 7. Financing that involves borrowing funds
  5. 8. A person who creates something new within an existing large firm or organization
  6. 9. Individuals who both recognize and seize opportunities
  7. 11. Considered to be an advantage to both franchisee and the franchisor
  8. 14. Advantage of buying a franchise as a new business
Down
  1. 1. Sam has a custom cheesecake business that he owns and operates out of his home. Sam's ownership structure likely is __
  2. 3. Number of key elements in the entrepreneurial process
  3. 4. Type of equity investor
  4. 5. The risks of starting a business from scratch are greater than the risks of buying an existing firm (true or false)
  5. 10. Financing that refers to money invested in a business in exchange for an ownership interest
  6. 12. Benefit of sole proprietorship and partnership
  7. 13. Percentage of small businesses in Canada
  8. 15. Liz has decided to issue shares of her company to raise some capital. Liz is launching a (n)