Public limited companies

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  • Created by: Eleanor
  • Created on: 12-04-13 15:21
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  • Public Limited Companies
    • Disadvantages
      • Expensive to set up
      • Have to share profits / dividends
      • Accounts not private
      • Not all decisions made by owners
      • Companies can be taken over
    • Advantages
      • Limited Liability
      • Company is large so easier to negotiate with suppliers
      • Death/illness don't affect the business
      • Get money by selling shares to the general public
      • Shares can be given to staff for motivation
    • Can be owned by many shareholders because the shares are sold to the public

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