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BM Ch 5-2 PROPRIETORSHIPS AND PARTNERSHIPS

AB
business plana written guide describing the business and its operations
creditorsthose to whom money is owed
entreprenuersomeone who starts a business
limited partnershipa partner's liability is limited to the amount of the partner's investment
partnershipbusiness owned by two or more people
proprietorthe owner manager of a business
SBASmall Business Administration a governmental agenythat counsels, assists and protects
SBDCSBA Centers who offers free consulting assistance
sole proprietorbusiness owned by one person
unlimited financial reliabilityliabilty of each mentber of a partnership for all debts of a business


Business Instructor
Belleville East High School
Belleville, IL

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