Types of business ownership
- Created by: 15alfie.chapmanfay
- Created on: 12-07-18 09:26
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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
- disadvantages
- 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
- advantages
- public limited company
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