ENTREPRENEURSHIP

MANY START-UP OWNERS WORK

FORMS OF BUSINESS ORGANIZATION INCLUDE SOLE OWNERSHIP, PARTNERSHIP, CORPORATION AND LLC.

WHAT IS THE PERCENT OF SOLE OWNERSHIP BUSINESSES?

WHAT IS DISPOSABLE INCOME?

WHICH ANSWER BEST DESCRIBES ENTREPRENEURSHIP?

THE LEGAL STEPS TO START A BUSINESS INCLUDE FILING A DOING BUSINESS AS FORM.

WHAT IS DISCRETIONARY INCOME?

DISADVANTAGES OF CORPORATIONS IS

ASSESSMENT OF ONE'S OWN SKILLS, INTERESTS, AND PERSONAL QUALITIES IS CALLED

STATES IN BROAD TERMS WHAT YOUR BUISNESS HOPES TO BE AND DO.

BUSINESS OWNED BY ONE PERSON.

PRICE INCREASES, QUANTITY OF GOODS DEMANDED FALLS.

WHAT IS A LIMITED PARTNERSHIP?

AMOUNT OF GOODS PRODUCERS ARE WILLING TO MAKE AND SELL.

SKILLS OF OWNERS ARE COMBINED IN THIS TYPE OF BUSINESS.

THE LOWER THE DEMAND FOR A PRODUCT

WHO ARE THE OWNERS OF A CORPORATION?

WHAT IS A DISADVANTAGE OF SOLE OWNERSHIP?

WHAT IS THE PERCENT OF PARTNERSHIP OWNERSHIP BUSINESSES?

CONSUMER WILLINGNESS AND ABILITY TO BUY PRODUCTS.

EQUILIBRIUM IS THE AMOUNT OF PRODUCT BEING SUPPLIED IS EQUAL TO THE AMOUNT BEING DEMANDED.

KEYSTONING IS THE PRACTICE OF BUYING A PRODUCT AT WHOLESALE PRICE THEN SELLING IT FOR

IDENTIFY THE ADVANTAGE OF SOLE OWNERSHIP.

PRICE INCREASES, QUANTITY OF GOODS DEMANDED FALLS.

WHAT IS GENERAL PARTNERSHIP?

HIGHER DEMAND FOR A PRODUCT

WHAT IS THE MOST COMMON FORM OF BUSINESS OWNERSHIP?

THE TYPES OF BUSINESS OWNERSHIP INCLUDE EXISTING, FAMILY, NEW, AND FRANCHISE BUSINESS.

WHEN SUPPLY AND DEMAND INTERACT, CONDITIONS OF SURPLUS, SHORTAGE, OR EQUILIBRIUM ARE CREATED.

ONE DISADVANTAGE OF A PARTNERSHIP IS

A PERCENTAGE ADDED TO THE COST TO GET THE RETAIL SELLING PRICE.

LEGAL STEPS TO START A BUSINESS ARE

PERSONAL ASSETS OF OWNERS CANNOT BE TAKEN IS A LIMITED LIABILITY COMPANY.

WHO ARE THE LIMITED LIABILITY CORPORATION OWNERS?

MONEY LEFT OVER AFTER A BUSINESS HAS SOLD ITS PRODUCT AND EARNED REVENUE.