A | B |
Location | where a business is carried out. |
Employees | people who work for a business in return for money. |
Capital | the money, tools and equipment used by the business to make the products. |
Rent | money paid for the use of a place of business. |
Salary | money paid to employees for their work. |
Interest | money paid for the use of capital. |
Incentive | a reward that encourages a person to do something. |
Profit | money left after all business expenses have been paid. |
Entreprenuer | a person who organizes a new business and who takes the risks and profits. |
Sole proprietorship | a business owned by one person. |
Partnership | a business owned by two or more people who share the risk and profits. |
Corporation | a business owned by many people (called shareholders) who share the risk and profits. |