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 Sole proprietorship is a business owned by only one person.  Sole proprietorship is for individual who want to work and make decisions independently.

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Presentation on theme: " Sole proprietorship is a business owned by only one person.  Sole proprietorship is for individual who want to work and make decisions independently."— Presentation transcript:

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2  Sole proprietorship is a business owned by only one person.  Sole proprietorship is for individual who want to work and make decisions independently.

3  Partnership is owned and controlled by two or more people.  Partner share and make ideas for the business.

4  a business treated by law as separate from its owners.  Corporations has limited liability.

5  a contractual agreement to use the name and sell the goods or services of an existing company.

6  business that acts as a go-between in moving goods from producers to consumers, such as wholesalers, retailers, and distributors.

7  a type of business that buys goods in large amounts and resells them to other businesses in smaller lots.

8  an organization of businesses owned and operated by the members, who pool their resources and share the benefits.

9  A business that sells goods or service directly to the public.

10 intermediary Business that acts as a go-between in moving goods from producers to consumers, such as wholesalers, retailers, and distributors. Stock Shares of ownership in a corporation.

11  Limited liability Financial responsibility of business owners only for what they invested in a business. Unlimited liability Full legal and financial responsibility for a business.

12  businesses that change raw goods into more finished products.

13  businesses that make finished products out of raw processed goods.

14  a business whose main purpose is to provide a service rather than to make a profit.


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