1:00
en
CR
Chapter 4
16
Business Broker : Person who sells businesses for a living
Valuator : an expert on determining the value of a business
Franchise : A legal agreement that gives individuals the right to a company's specific products and services in a specific area
Initial Franchise fee : the fee the franchise owner pays in return for the right to run the franchise
Startup costs : the costs associated with starting a business
Royalty fees : weekly or monthly payments made by the owner of the franchise to the seller of the franchise
Advertising fees : fees paid to support television, magazine, or other advertising of the franchise as a whole
Sole Proprietorship : a business owned exclusively by one person
Partnership : Business owned by two or more people
Corporation : Business with the legal rights of a person and which may be owned by many people
Share of stock : unit of ownership of a corporation
Board of directors : a group of people who meet several times a year to make important decisions affecting the company.
Dividends : Distributions of profits to shareholders by corporations
Incorporate : Set up a business as a corporation
Liability : amount owed to others
S corporation : a corporation organized under subchapter S of the internal revenue code whose income is taxed as a partnership.
Chapter 4
Across:2. | A legal agreement that gives individuals the right to a company's specific products and services in a specific area | 12. | the costs associated with starting a business | 13. | Distributions of profits to shareholders by corporations | 15. | amount owed to others | 16. | an expert on determining the value of a business |
| | Down:1. | the fee the franchise owner pays in return for the right to run the franchise | 3. | fees paid to support television, magazine, or other advertising of the franchise as a whole | 4. | Set up a business as a corporation | 5. | a business owned exclusively by one person | 6. | a group of people who meet several times a year to make important decisions affecting the company. | 7. | unit of ownership of a corporation | 8. | Business owned by two or more people | 9. | a corporation organized under subchapter S of the internal revenue code whose income is taxed as a partnership. | 10. | Business with the legal rights of a person and which may be owned by many people | 11. | Person who sells businesses for a living | 14. | weekly or monthly payments made by the owner of the franchise to the seller of the franchise |
| |
© 2014
PuzzleFast.com, Noncommercial Use Only
Chapter 4
Across:2. | A legal agreement that gives individuals the right to a company's specific products and services in a specific area | 12. | the costs associated with starting a business | 13. | Distributions of profits to shareholders by corporations | 15. | amount owed to others | 16. | an expert on determining the value of a business |
| | Down:1. | the fee the franchise owner pays in return for the right to run the franchise | 3. | fees paid to support television, magazine, or other advertising of the franchise as a whole | 4. | Set up a business as a corporation | 5. | a business owned exclusively by one person | 6. | a group of people who meet several times a year to make important decisions affecting the company. | 7. | unit of ownership of a corporation | 8. | Business owned by two or more people | 9. | a corporation organized under subchapter S of the internal revenue code whose income is taxed as a partnership. | 10. | Business with the legal rights of a person and which may be owned by many people | 11. | Person who sells businesses for a living | 14. | weekly or monthly payments made by the owner of the franchise to the seller of the franchise |
| |
© 2014
PuzzleFast.com, Noncommercial Use Only