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BBI2O - Types of Business Ownership Crossword

Horizontales
When a partner has a say in the day to day operations of the business
A fee paid by a franchisee to a franchiser; usually a % of revenue paid each month
The originator of a business who sells the rights to allow someone to use the established business name and way of operating
1 owner
Manages a corporation
Can lose more than original investment (e.g. personal assets)
A corporation operated by the government
2 or more owners
Verticales
Does not sell shares on a stock exchange; does not have to share the results of its financial statements; Ikea & Mars are examples
When a partner has no say in the partnership
An advantage of a starting a franchise
Owned by shareholders
Cannot lose your personal assets
A share of company earnings distributed to shareholders
Buys the rights to use an established business name
Sells shares on a stock exchange to raise finance (money); must share financial statement information with potential investors