Types of Business Ownership #2

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Across
  1. 2. A business where individuals make commissions selling goods and services directly, and also make commissions from sales made by their network of recruited distributors
  2. 4. An illegal form of multi-level marketing focused on collecting large upfront fees and recruiting members who also pay high fees, with minimal focus on actual product sales.
  3. 5. When an independent business sells a brand’s specific line of products. An example would be an independent car dealership selling cars made by, for example, a Ford dealer.
  4. 7. The liability that extends beyond an individual’s financial investment in a company.
  5. 8. When companies collaborate by sharing resources to complete a specific task, such as developing or selling a product or combining certain business functions
  6. 10. Business growth occurs through strategies like expanding marketing, hiring more sales staff, adding new locations or products, and entering new markets
  7. 12. A business where a retail franchise operates inside of another, larger “host” facility
  8. 13. Bringing together multiple companies or multiple parts or business units from multiple companies to form one larger company
Down
  1. 1. Provides access to a company’s proprietary knowledge, systems, training, and trademarks, allowing others to operate and sell products or services under the brand name
  2. 3. A company pays royalties to another for rights to use certain intangible assets, like trademarks, patents, or designs. For example, Nike might pay to use the NBA trademark on branded apparel
  3. 6. This type of corporation has a small group of shareholders, does not sell stock publicly, and keeps financial information private. Like a C Corp, it is subject to double taxation
  4. 9. A type of corporation that serves some public service and therefore gets special tax treatment under the law. The United Way charity is an example
  5. 11. When two companies, often competitors, join together to form one company. Most often one of the two companies gives up its brand identity. In other cases, the two brand names are shared; ExxonMobil is an example