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M14

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

phelan-howard
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M14

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  1. 1 Click to Start Yr 2 M14 M15 M16 M24 M17 THE PARTNERSHIP M23 M18 M22 M21 M20 M19

  2. 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

  3. 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

  4. 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

  5. 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

  6. 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

  7. 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

  8. 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

  9. 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

  10. 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

  11. 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

  12. 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

  13. 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

  14. 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

  15. 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

  16. THE PARTNER WORD GAME 10 SELECT WORD NUMBER BELOW W1 W2 W3 W4 W5 W6 W7 W8 W9 W10 W11 W12

  17. 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

  18. 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

  19. 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

  20. 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

  21. 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

  22. 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

  23. 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

  24. 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

  25. 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

  26. 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

  27. 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

  28. 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

  29. THE PARTNERSHIP QUIZ 10 SELECT QUESTION BELOW Q1 Q2 Q3 Q4 Q5 Q6 Q7 Q8 Q9 Q10 RETURN TO GAME BOARD

  30. 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.

  31. INCORRECT

  32. THE PARTNERSHIP Q2 A partnership has legal status. A partnership does not have legal status. A partnership can continue for ever.

  33. INCORRECT

  34. THE PARTNERSHIP Q3 A partnership has unlimited liability. A partnership has limited liability. A partnership has limited labels.

  35. INCORRECT

  36. 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.

  37. INCORRECT

  38. 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.

  39. INCORRECT

  40. 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.

  41. INCORRECT

  42. 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.

  43. INCORRECT

  44. 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.

  45. INCORRECT

  46. 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.

  47. INCORRECT

  48. 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.

  49. INCORRECT

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