Business Mindmap

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  • Business Studies
    • Sole Proprietor
      • Owned by One Persobn
      • Unlimited Liability
        • If the business goes bankrupt then  the owner may have to give up personal possessions to repay loans
      • Owner gets all the profit
    • Partnerships
      • 2 to 20 people
      • Equal Shares and amount of responsibility
      • Unlimited Liability


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