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Business in America

Business in America. Review: Types of Business. Single-Owner When owners are responsible for 100% of debt…. Two or more owners Separate legal entity Shares of the profits are sold as…. When owners are responsible for only what they put into a business…. I. Other Business Models.

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Business in America

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  1. Business in America

  2. Review: Types of Business • Single-Owner • When owners are responsible for 100% of debt…. • Two or more owners • Separate legal entity • Shares of the profits are sold as…. • When owners are responsible for only what they put into a business….

  3. I. Other Business Models • Cooperative –business owned by members for their own benefit • Franchise—part of corporation privately run by individuals • Monopoly – one firm dominates the market • Oligopoly –few firms dominate • Conglomerate – two or more unrelated brands operating under one umbrella company • Multinational Conglomerate

  4. II. YOU-The business • Got money? Make Investments • Bank Account-small return/safe • Stocks-risky/possibly big returns • Pension Fund-retirement • Mutual Fund-collective investment pool-safer • Bond-government credit slip-guaranteed return/time requirement • CD-larger return/time requirement

  5. II. YOU-The business (cont) • Other Investments • Insurance • Life • Medical • Comprehensive • Liability

  6. II.YOU-the business • Or you can buy something. • Money • Credit Cards – Spend money you don’t have yet • Debit Cards – Deducts from your checking account • Checks – Deducts from your checking account • What are some pitfalls?

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