Public limited companies
- 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
- Disadvantages
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