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1. Click to Start Yr 2. M14. M15. M16. M24. M17. THE PARTNERSHIP. M23. M18. M22. M21. M20. M19. RAISE MONEY TOGETHER. SHARE COSTS. BOTH SPECIALISE. BOTH FRIENDS. SHARE IDEAS. ? Click here last. DEED OF PARTNERSHIP HHHJJNNNNNNNNNNN NNBBNNNNNNNNNNNNNNNN
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1 Click to Start Yr 2 M14 M15 M16 M24 M17 THE PARTNERSHIP M23 M18 M22 M21 M20 M19
RAISE MONEY TOGETHER SHARE COSTS BOTH SPECIALISE BOTH FRIENDS SHARE IDEAS ? Click here last DEED OF PARTNERSHIP HHHJJNNNNNNNNNNN NNBBNNNNNNNNNNNNNNNN NNNNNNNNNNNNNNNNNNNNN BBBBBBBBBBJJJJ NNNNNNNNNN BBBBBBBBBBBBB NNNNNNNNNNNHBBBBBB VVVVVVVVVVVVV JJJ HHHHHHHHHHHHHHHHHHHTT
Have you completed your self assessment tax form? Hit +10K if you have. Click here to answer a question or, w Click here to face a challenge
FREE BONUS Costs are shared by partners. Hit +10K if you have this. SHARE COSTS SHARE COSTS Click here to answer a question or, w Click here to face a challenge
Cash flow problems could reduce turnover . Hit +10k if you have arranged an overdraft. Click here to answer a question or, w Click here to face a challenge
You are sued by a customer who slips on your floor. Hit 10K if you have 3rd party liability protection. Click here to answer a question or, w Click here to face a challenge
FREE BONUS It is easier for a partnership than a sole trader to raise money. Hit 10K if you have this card. RAISE MONEY TOGETHER Click here to answer a question or, w Click here to face a challenge
Your partner could specialise in things you struggle with. Hit 10K if you have this card. BOTH SPECIALISE Click here to answer a question or, w Click here to face a challenge
You might have a major fallout with your partner. Hit 10K if your partner is a trusted friend. BOTH FRIENDS Click here to answer a question or, w Click here to face a challenge
DEED OF PARTNERSHIP HHHJJNNNNNNNNNNN NNBBNNNNNNNNNNNNNNNN NNNNNNNNNNNNNNNNNNNNN BBBBBBBBBBJJJJ NNNNNNNNNN BBBBBBBBBBBBB NNNNNNNNNNNHBBBBBB VVVVVVVVVVVVV JJJ HHHHHHHHHHHHHHHHHHHTT BBHHBH HHHHH Your partner threatens to leave and demands 50% of the firms profits. Hit 10K if you signed a deed of partnership. Click here to answer a question w Click here to face a challenge
FREE BONUS ‘Two or more heads’ are better than one. Hit 10k if you pool ideas. SHARE IDEAS Click here to answer a question or, w Click here to face a challenge
The LA suspect you of selling beer on your premises. Hit 10K if you have a licence to sell alcohol. Click here to answer a question or, w Click here to face a challenge
The authorities believe that you have been playing music to your customers. Hit 10K if you have a licence. Click here to answer a question or, w Click here to face a challenge
Major financial problems due to credit crunch. Your bank calls in their £100,000 loan and £150,000 business mortgage. Update your accounts CLICK HERE TO RETURN TO ACCOUNTS Work out whether you can pay
RETURN TO GAME BOARD PROFIT FIGURES IN 000’S 30 20 10 0 MONTHS A AUTO A A A A A A A A A A +1 +1 +1 +1 +1 +1 +1 +1 +1 +1 +1 +10K +2 +2 +2 +2 +2 +2 +2 +2 +2 +2 +2 +10K
THE PARTNER WORD GAME 10 SELECT WORD NUMBER BELOW W1 W2 W3 W4 W5 W6 W7 W8 W9 W10 W11 W12
WORD 1 A B C D E F G H J K L M I P A R T N E R N O P Q R S T U V W X Y Z
WORD 2 A B C D E F G H J K L M I T W E Y T N N O P Q R S T U V W X Y Z
WORD 3 A B C D E F G H J K L M I Q E U A L N O P Q R S T U V W X Y Z
WORD 4 A B C D E F G H J K L M I D E E D O F P A R T N E R S H I P N O P Q R S T U V W X Y Z
WORD 5 A B C D E F G H J K L M I W N E E S D A I N O P Q R S T U V W X Y Z
WORD 6 A B C D E F G H J K L M I H S E A R O R P T F I N O P Q R S T U V W X Y Z
WORD 7 A B C D E F G H J K L M I S P E C I A L I S A T I O N N O P Q R S T U V W X Y Z
WORD 8 A B C D E F G H J K L M I S T A R T U P C A P I T A L N O P Q R S T U V W X Y Z
WORD 9 A B C D E F G H J K L M I R A G U E N O P Q R S T U V W X Y Z
WORD 10 A B C D E F G H J K L M I s L G E P N E I N O P Q R S T U V W X Y Z
WORD 11 A B C D E F G H J K L M I T O W T N O P Q R S T U V W X Y Z
WORD 12 A B C D E F G H J K L M I S T A C C O U N N O P Q R S T U V W X Y Z
THE PARTNERSHIP QUIZ 10 SELECT QUESTION BELOW Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 RETURN TO GAME BOARD
THE PARTNERSHIP Q1 Starting up as a partnership is the easiest way for two people to set up in business. Starting up as a partnership is the easiest way for one person to set up in business. Starting up as a partnership is the hardest way for two people to set up in business.
THE PARTNERSHIP Q2 A partnership has legal status. A partnership does not have legal status. A partnership can continue for ever.
THE PARTNERSHIP Q3 A partnership has unlimited liability. A partnership has limited liability. A partnership has limited labels.
THE PARTNERSHIP Q4 Any entrepreneur who joins a partnership could be sued if any partner is negligent. An individual partner cannot be sued. Only the partnership can be sued.
THE PARTNERSHIP Q5 A partnership can only have two partners. A partnership can have any number of partners. A partnership can have between two and twenty partners.
THE PARTNERSHIP Q6 A partner can make a decision without consulting the other partners. A partner must consult with other partners before making decisions. All partners must by law make decisions together.
THE PARTNERSHIP Q7 A partnership can sell shares to raise money. Each partner can invest their own money in the business. Only one partner is allowed to invest money in the business.
THE PARTNERSHIP Q8 A ‘sleeping partner’ helps to run the firm but does not invest money in it. A ‘sleeping partner’ invests money in the partnership but does not help run it. A ‘sleeping partner’ stays asleep all day.
THE PARTNERSHIP Q9 Every partner is entitled to receive profits in proportion to the amount they invested. By law partners receive a fair percentage of any profits. A Deed of partnership needs to be drawn up to say what proportion of profits each partner will receive.
THE PARTNERSHIP Q10 Partners must all do the same tasks in their firm. Partners can specialise in tasks that they are good at. Partnerships cannot employ staff unless they too are partners.