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Name
Score
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15
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The simplest business structure to start where the owner receives all the profits.
Partnership
Corporation
Sole Proprietorship
Franchise
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15
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The biggest disadvantage for this Business Structure is costs-initial buy in, support, training
Corporation
Partnership
Sole Proprietorship
Franchise
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15
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In a sole proprietorship, who is responsible for ALL the debts of the business?
Bank
Owner
Creditors
Debtors
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15
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LLC stands for
Limited Liability Cormpany
Limited Liability and Control
Limited Liability Corporation
Little Local Company
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monster
Reset all scores!
Oops!
×
gift
Win 20 points!
Okay!
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gift
Win 5 points!
Okay!
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banana
Go to last place!
Oops!
15
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Double taxation is a disadvantage of this Business Structure.
Franchise
Sole Proprietorship
Corporation
Partnership
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15
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Business Structure that operates under the banner of an already established business is called
Sole Proprietorship
Franchise
Partnership
Corporation
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15
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Business Structure with joint ownership of the business by 2 or more people.
Partnership
Sole Proprietorship
Corporation
Franchise
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15
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Business Structure where one owner is responsible for the business debts of other owner (s).
Franchise
Corporation
Sole Proprietorship
Partnership
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heart
Other team wins 10 points!
Oops!
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gift
Win 10 points!
Okay!
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fairy
Take points!
5
10
15
20
25
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banana
Go to last place!
Oops!
15
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Business Structure where shareholders are not personally responsible debts and obligations.
Partnership
Sole Proprietorship
Corporation
Franchise
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15
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Person who organizes and manages any business structure with considerable initiative and risk
Finance Manager
Human Resource Manager
Risk Manager
Entrepreneur
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trap
No points!
Oops!
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fairy
Take points!
5
10
15
20
25
×
shark
Other team loses 25 points!
Okay!
×
baam
Lose 25 points!
Oops!
15
×
Business Structure where there is one owner.
Sole Proprietorship
Corporation
Franchise
Partnership
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15
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This person will expect a cut of the profit of a franchise, you pay for using their name.
Franchise
Franchisee
Partner
Franchisor
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15
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Business Structure to start a new business without the risks of going out on their own.
Sole Proprietorship
Partnership
Franchise
Corporation
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