Vocabulary
A person or organisation that joins to business
Partner
It is the business owned by two or more people
Partnership
The money used to start café is ...
Capital
Who contributes capital to cafe?
Maya
True or False🤔?
Partnership is owned by one person
False. It was evident
someone who owns a part of the business
Co-owner
What in the most of the cases share partners?
Losses. If you Answered profit, firstly made it 😂.
To ....... means to give money, skills or resources.
Contribute
Who manages the kitchen?
Leo
True or False ?
Partners share profitS and losses
True. Not bad
Money or other resources used to start business
Capital
A person or group that are afected by the bussines or interested in its success
Stakeholder
Partners ______ profits.
Share
What does Maya manage in the café?
Finances
True or False?
Investment can include other resources not only cash
True
Legal or financial share in a business
Ownership
A written document that records roles, contributions and how profit and losses are shared
Partnership agreement
To _______ a conflict means to find a solution to a disagreement
Resolve. Solve
What does Leo invet to café?
Time
True or False?
Gues
True.
Money, time, resources put in with the hope of the future return
investment
This stakeholder provides goods to the business
Supplier or Provider
To _______ a decision means choose what the business should do
Make
Why could writing dow their roles help them?
Everyone knows what should they do. Lower chance of disagreement
True or False?
Partnership agreement talks about profit and losses
False. It also covers contribution, roles and what happens if a partner leaves