On-going % of revenue is called this.

A benefit of this form of business is that the product and processes have already been done and you get training and support.

A person or organization purchasing a franchise.

A person or organization granting a franchise.

A con of this form of business is that it costs more to start and maintain and is subject to more paperwork and regulation.

A person who bears the economic uncertainties and risks of starting and running a new business to generate profit and economic value.

This type of business is similar to a partnership but has the benefited of reducing liability.

In this form of business one person receives all benefits, profits, and income.

Something valuable or useful; cash, product, equipment, etc.

Something a person or company owes, usually a sum of cash.

Shares of ownership in a corporation.

In this form of business a benefit is it is easy to start and here is shared decision making and expertise.

Money from profits paid to shareholders.

It is difficult to financing all these forms of business except.

In this form of business one person has unlimited liability.

Legal entity that is similar to an individual in the eyes of the law owned by shareholders.

A con of this form of business is that you need to share a portion of your revenue by paying royalty fees.

This type of business is created for a goal other than generating profit.

This type of business is defined as "a license to operate an individually owned business as though it were part of a chain of outlets or stores."