Types of business ownership

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Across
  1. 2. Money raised to start or develop a business
  2. 7. A small or medium sized business that is usually run by family and friends that own it.
  3. 9. These are the owners of a private of public limited company
  4. 11. someone who invests in a partnership but has no part in running the business
Down
  1. 1. A plan which sets out details of what the business is, their finance and marketing
  2. 3. This means the owners are responsible for all the debts of the business, they may need to sell their personal assets to cover this
  3. 4. This is were you only lose the money you invested not your own possessions
  4. 5. A legal agreement setting out the rights and responsibilities of the partners
  5. 6. A business owned and controlled by one person
  6. 8. A business owned and controlled by 2 or more people
  7. 10. Someone who sets up a business and is not afraid to take risks