Types of business

2. A business owned by members who utilize the goods and services offered.
3. Short for “Small office Home office”
6. A business owned by, but existing separately from, its shareholders
7. A person who runs a franchise operation and is under contract, or licensing agreement, with the franchiser.
8. A partnership in which the liability of each partner is limited to the amount of his or her investment.
10. A corporation owned by a small number of shareholders.
12. A corporation with many shareholders, whose shares can be bought and sold on a stock exchange.
13. A group of individuals who run a corporation or co-operative and make decisions on behalf of the shareholders.
14. The legal document that establishes a partnership and each partner's responsibilities.
16. A business with two or more owners.
17. The parent company who grants the franchise and provides goods and/or services to the franchisees
18. A method of direct distribution that uses the internet to sell products directly to consumers.
19. Predicting future conditions.

1. A person who owns shares in a corporation; also called a stockholder.
2. A business owned and operated by the provincial or federal government
4. The money a business receives for the products and/or services it sells or from its investments.
5. The formal name for a city or town.
9. The part of a corporation’s profit after taxes that each shareholder receives.
11. A unit of ownership in a corporation
15. A business directly owned by one person who receives all profits and is responsible for all liabilities.