What is the type of business that only has one person
100
Advantage of SP
it is very easy to start
100
More heavily taxed
disadvantage of corporation
100
Companies join to complete specific project
what is joint venture
200
an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities, e.g., providing a broadcasting service or acting as an agent for a company's products.
What is a Franchise
200
A Partnership
What is type of business has two people working together ?
200
Advantage of SP
it is very easy to end also
200
Personality conflicts
disadvantage of partnership
200
General partnerships
Limited partnerships
Joint venture
Strategic alliance
The types of partnerships?
300
closed corporation: a corporation owned by a few people; shares have no public market
define Closed ( C ) Corporation
300
Corporation
What type of business is chartered, or registered, by a state.
300
Advantage of partnership
a group of two people working together
300
Business ends if one partner leaves or dies
An disadvantage of a partnership
300
Two businesses work together for mutual benefit.
What is Strategic Alliance
400
an investment program funded by shareholders that trades in diversified holdings and is professionally managed.
Define Mutual Fund
400
A partnership is a sole proprietorship with more than one owner
What is a partnership
400
freedom of working for yourself
what is an advantage of SP
400
Unlimited liability
an disadvantage of SP
400
C-Corporation
Subchapter S Corporation
Nonprofit Corporation
the types of Corporations
500
the capital raised by a business or corporation through the issue and subscription of shares.
Define Stock
500
its owned by one person and only one person
What is a sole proprietorship?
500
Business expenses can be used to reduce taxable income