Sole Proprietor
Partnership
Franchise
Co-operative
Corporations
100
business owned by 1 owner
What is sole proprietor
100
a business that has 2 or more owners
What is partnership
100
a buisness model in which people can borrow the rights to use the name and merchandise.
What is a franchise
100
entinty in whcih members contribute and recieve what they put into the business.
What is co-operative
100
CEO
What is Cheif Executive Officer
200
financial risk that is occured when practicing business
What is liability
200
person who has financial stake in the company but no opinion.
What is silent partner
200
you or I or "me"
What is a franchisee
200
co-op that operates in a single county.
What is local co-op
200
A small group that makes decisions for the corporation
What is Board of directors
300
the business _____________ when the owner passes away
What is disolves
300
acting as a silent partner, but has a financial contribution
What is shareholder or stockholder
300
the company that allows others to use its name and products
What is franchisor
300
the profits and losses of a given company.
What are margins
300
Must have 100 or less shareholders.
What is Simple S Corp
400
owner may loose all personal assets to pay for bills.
What is unlimited liability
400
contract between business workers
What is Partnership agreement
400
franchisors provide ______________ to franchisees to keep them in good habit
What is management training
400
the business owns multiple areas of the production process to maximize profit
What is vertical integration
400
Profit that is shared with stockholders when business is doing well.
What is dividen
500
decisions can be made _______________
What is quickly or promptly
500
legal form of business that provides set losses to its members.
What is Limited Liability Company
500
a payment given for the use of a companys name and products
What is royalty
500
Started the first legal co-op in the U.S. in 1752
Who is Benjamin Franklin
500
Largest form of enterprise that gives shareholders dividens.
What is Common (C) Corp
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