Across
- 5. At this stage, your venture may be in trouble because of financial difficulties
- 7. acts as an agent that provides financial services for its clients
- 9. a business that provides banking services for profit.
- 11. This is the stage where preparations for launching the business are made
- 14. owned and controlled by members
- 15. relatively low start-up costs
- 16. The venture is now secure and continues to grow.
- 17. not-for-profit co-operative financial institution that is owned and controlled by its members
- 18. a summary of how a business owner, manager, or entrepreneur intends to run their business
- 20. ownership is transferable
Down
- 1. all the people required to operate the venture.
- 2. An asset is usually purchased hoping to make interest off of it
- 3. the funds required to setup and run the business.
- 4. refers to sole proprietorships and general partnerships in which the owner or partners are each liable for business debts.
- 6. all the materials that are needed to operate the venture, both raw materials and finished goods
- 8. acts as an agent that provides financial services for its clients
- 10. a liability that is limited to a partner or investor’s investment.
- 12. Your goal for this stage is to reach the break-even point and survive.
- 13. most expensive form to organize
- 19. At this point, the company has passed the break-even point and is now earning a profit.