Entrepreneurial Concepts

A business that is owned and operated by one person.

The registration by which the county government officially recognizes that a new proprietorship

Legal entity authorizing individuals to operate an enterprise.

Relatively new form of business organization that is a hybrid of a partnership and corporation

Person who creates, organizes, manages a new business and takes the risks of owning a business.

Investment in which the business owners financial liability is not limited to just the business

Legal agreement between two or more people that states that both are responsible for a business

Works under the same laws of a state but differs from the way in which it does business.

Business ownership where each partner is liable for any debts, only up to the amount invested.

The skills of people who are willing to invest their time and money to run a business is?

Legal agreement to sell a parent company's product or services in a designated geographic area.

Owners of a corporation with limited liability.

A type of business ownership in which each partner shares in the profits and losses.

Investment where personal assets cannot be taken if the company does not meet financial duty.

Identifies the name and address of a new corporation.