This storyboard does not have a description.
There are three different types of Business Organizations. Sole Proprietorship, Partnership, and Corporations.
Sole Proprietorship is one owner, Partnership is two or more, and Corporations are owned by stockholders.
Unlimited Liability is when the owner is personally and fully responsible for all losses and debt of a business.
A stock is a share of ownership in a corporation that entitles the buyer to a certain part of future profits and assets of the corporation
A franchise is where Contract where one business sells to another business, the right to use the franchisor’s name and sell its product.
Limited partnership split into two sections- General partner and limited partnership
A merger is the legal combination of two or more companies that become one corporation. One company typically buys another company
Improving an existing product or process, creating a new product, providing an alternative good or service taking advantage of a trend or the current market, DO what you DO best.
How entrepreneurs go about their BIZ.....
Now you've learned about Business Organizations and Entrepreneurs!
Explore Our Articles and Examples
Try Our Other Websites!
Photos for Class
– Search for School-Safe, Creative Commons Photos (It Even Cites for You!
– Easily Make and Share Great-Looking Rubrics
– Create Custom Nursery Art