Types of business ownership

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  • Types of business ownership
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    • company
      • public limited company
        • disadvantages
          • they could be a loss of control if the shareholders own over 50% of the shares/business entitling them to the ownership
          • fluctuation in share prices could make the business worthless overnight or share prices could collapse
        • adavnatges
          • you can get input from the investors
          • having shares will fund expansion
      • private limited company
        • advantages
          • the company can ,loose money and ough money but your personal life isn't liable you cant have baylifts taking your possetions
          • protection from personal liability
        • disadvantages
          • you have less personal control over the business than you would in a sloe tracer
          • its more expensive to set up than a sloe trader

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