Year 9 - Business Ownership

• Business Studies
• Lower Secondary (Key Stage 3)

Business Ownership

Year 9 - Business Ownership

Liability

Liability - the debts a company owes to its creditors (e.g. the bank)

Liability is important to consider when choosing which type of ownership to have for your business.

Which are the liabilities?

Move the liabilities to the box.

Liabilities

Bank loans

Profits

Unpaid salaries 

Property

Mortgage

Unpaid Tax

Stock

Supplier payments