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Team 2
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Teams
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Score
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15
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The biggest disadvantage for this Business Structure is costs-initial buy in, support, training
Partnership
Franchise
Corporation
Sole Proprietorship
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×
banana
Go to last place!
Oops!
×
rocket
Go to first place!
Okay!
×
fairy
Take points!
5
10
15
20
25
×
baam
Lose 20 points!
Oops!
15
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Investors more willing to invest in Business Structure with established customers and suppliers
Sole Proprietorship
Partnership
Franchise
Corporation
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15
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Business Structure where one owner is responsible for the business debts of other owner (s).
Corporation
Sole Proprietorship
Partnership
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
Debtors
Creditors
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15
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LLC stands for
Limited Liability and Control
Limited Liability Corporation
Little Local Company
Limited Liability Cormpany
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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
Corporation
Partnership
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15
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The simplest business structure to start where the owner receives all the profits.
Partnership
Sole Proprietorship
Corporation
Franchise
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×
seesaw
Swap points!
Oops!
×
rocket
Go to first place!
Okay!
×
rocket
Go to first place!
Okay!
×
baam
Lose 20 points!
Oops!
×
banana
Go to last place!
Oops!
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shark
Other team loses 25 points!
Okay!
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shark
Other team loses 25 points!
Okay!
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lifesaver
Give 15 points!
Oops!
×
banana
Go to last place!
Oops!
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gift
Win 25 points!
Okay!
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gift
Win 20 points!
Okay!
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lifesaver
Give 25 points!
Oops!
15
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Business Structure where there is one owner.
Corporation
Franchise
Partnership
Sole Proprietorship
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15
×
Business Structure where the owners are called stockholders or shareholders.
Corporation
Sole Proprietorship
Franchise
Partnership
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15
×
Business Structure where shareholders are not personally responsible debts and obligations.
Corporation
Franchise
Partnership
Sole Proprietorship
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15
×
Business Structure with joint ownership of the business by 2 or more people.
Partnership
Franchise
Sole Proprietorship
Corporation
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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
Partner
Franchisee
Franchisor
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