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A business owned by 1 person.

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A business that provides a needed service for free.

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The amount of money earned above the amount of expense incurred to keep the business operating.

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a business owned by 2 or more persons, called partners, who agree to operate the business as co-owners.

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an organization that operated for purposes other than making a profit.

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A business that buys finished goods and resells them to individuals or other businesses.

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A business that buys raw materials, transforms them into finished products by using labor or machinary,, and sells the finishes products to individuals or buisnesses.

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The result when a business spends more than it earns.

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The accounting assumption that a business is expected to survive and operate indefinitely.

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A person who transforms ideas for products and services into real-world businesses.

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A business organization recognized by law to have a life of its own.

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The legal permission, granted by a state, that gives a corporation certain rights and privileges.

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Money supplied by investors.

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The accounting assumption that a business exists independently of its owners personal holdings.

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A business that operates to earn a profit for its owners.

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Free to choose products and services for profit