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Chapter 4 Review
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Advertising Fees : are fees paid to support television, magazines and other such methods of advertising
Board of Directors : a group of people who meet to make important decisions for the company
Business Brokers : a person who sells businesses for a living
Corporation : business with legal rights of a person and which may be owned by many people
Dividends : distributions of profits to shareholders by corporation
Franchise : a legal agreement that gives an individual the right to market a company's product or service
Incoporate
Initial Franchise Fee : is a fee a franchise owner pays in return for the right to run the franchise
Liability : is the amount owed to other
Partnership : business owned by two or more people
Royalty Fees : are weekly or monthly payments made by the owner of the franchise to the seller of the franchise
Sole Proprietorship : business owned by one person
Start Up Cost : cost associated with beginning a business
Share of Stock : Is a unit of ownership in a corporation
S corporation : corporation organized under sub chapter S that elects to be treated as a pass-through entity (like a sole proprietorship or partnership) for tax purposes.
Valuator : expert on determining a value of a business
Chapter 4 Review
- a group of people who meet to make important decisions for the company
- a legal agreement that gives an individual the right to market a company's product or service
- a person who sells businesses for a living
- are fees paid to support television, magazines and other such methods of advertising
- are weekly or monthly payments made by the owner of the franchise to the seller of the franchise
- business owned by one person
- business owned by two or more people
- business with legal rights of a person and which may be owned by many people
| - corporation organized under sub chapter S that elects to be treated as a pass-through entity (like a sole proprietorship or partnership) for tax purposes.
- cost associated with beginning a business
- distributions of profits to shareholders by corporation
- expert on determining a value of a business
- Incoporate
- is a fee a franchise owner pays in return for the right to run the franchise
- Is a unit of ownership in a corporation
- is the amount owed to other
|
© 2014
PuzzleFast.com, Noncommercial Use Only
Chapter 4 Review
- BOARDOFDIRECTORS
- FRANCHISE
- BUSINESSBROKERS
- ADVERTISINGFEES
- ROYALTYFEES
- SOLEPROPRIETORSHIP
- PARTNERSHIP
- CORPORATION
| - SCORPORATION
- STARTUPCOST
- DIVIDENDS
- VALUATOR
- INCOPORATE
- INITIALFRANCHISEFEE
- SHAREOFSTOCK
- LIABILITY
|
© 2014
PuzzleFast.com, Noncommercial Use Only