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Business Ownership<3

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Presentation on theme: "Business Ownership<3"— Presentation transcript:

1 Business Ownership<3
Alexis Ortiz & Pablo Umana

2 Corporation. A business owned by a group of people and authorized by the state in which is located to act as though it was a single person.

3 Limited Partnership Restricts the liability of a partner for the amount of the partners investment.

4 Joint Venture Two or more business that agree to provide a good service, sharing the cost of doing business and also the profits.

5 Franchise A legal agreement between a company and a distributor to sell a product or service under special conditions.

6 Non-Profit Corporation
An organization that does not pay taxes and does not exist to make a profit.

7 Cooperative A business owned an operated by its user-members for the purpose of supplying them sells with goods and services.

8 S-Corporation Corporations that elect to pass corporate income, losses, deductions and credit through to their shareholders for federal tax purposes.

9 Stock shares of ownership in a corporation

10 Intermediary business that acts as a go-between in moving goods from producers to consumers, such as wholesalers, retailers, and distributors

11 Sole proprietorship a business owned by only one person

12 Processors businesses that change raw goods into more finished products

13 Manufacturers businesses that make finished products out of raw processed goods

14 Unlimited liability full legal and financial responsibility for a business

15 Limited liability financial responsibility of business owners only for what they invested in a business

16 Producer a business that gathers raw products in their natural state

17 Wholesaler a type of business that buys goods in large amounts and resells them to other businesses in smaller lots

18 Retailer a business that sells goods or services directly to the public


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