This is a business that is owned and operated by an individual.
What is a sole proprietorship?
100
This is an advantage of a sole proprietorship.
What is any of the five advantages listed?
100
In a sole proprietorship, all profits are rewarded to this person.
What is the owner?
100
This type of sole proprietorship is good for people with little business experience.
What is a franchise?
100
To start your sole proprietorship you need this.
What is a name?
200
This agency assesses your takes.
What is the IRS or Canadian Revenue Agency?
200
This is the most common type of sole proprietorship.
What is an independent contractor?
200
This is a disadvantage of a sole proprietorship.
What is any of the 3 disadvantages listed?
200
This type of business can be conducted full time or part time.
What is what is a self employed business owner?
200
An obligation that legally binds and individual or company to settle a debt.
What are liabilities?
300
The owner is responsible for this.
What are liabilities and expenses?
300
Someone who buys and sells merchandise online is considered this.
What is a self employed business owner?
300
We were shown a movie of this type of sole proprietorship.
What is a franchise?
300
This type of business is high risk and high reward.
What is a sole proprietorship?
300
If you and your spouse are planning to build a business, you and your spouse may be considered this type of business rather than a sole proprietorship.