Directions: Key one of the types of ownership in each blank. Types of Ownership

Proprietorship Partnership
Corporation

Scenario #1: Roxie has put her entire life savings into her new Toy Store. If her business is not successful she will lose everything.
Scenario #2: Saul bought stock for $15 in a movie company. When the company folded two years later he only lost his initial investment.
Scenario #3: Zach is a stockholder of Burger World.
Scenario #4: Haley, Samanta, and Erika started a cupcake business together, each equally investing the same amount of money.
Scenario #5: Ethan and Lillie own a chain of Dog Stores together. They equally share the risk and the rewards.
Scenario #6: Madeline owns two pizza shops. She hires Sarah to manage one of the shops. At the end of the day all of the risk is still on Madeline.
Directions: List 2 advantages and 2 disadvantages of each form of business ownership
Forms of Business Ownership
Sole Proprietorship Partnership Corporation
Advantages Disadvantages
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Directions: Color the matching answers and risks with the same color. Use 4 different colors.

Compliance Risk Financial Risk Operational Risk Strategic Risk

Internal Problems Risk from a business move Rules and Regulations Concerns Monetary Concerns