Business Studies- Section 4

Key Term

Definition 

Sole Trader

Start-up capital 

Partnership

Unicorparate business

Unlimited liability 

Shareholder

Private limited company 

Public limited company

Ordinary shareholders

Limited liability 

Dividend 

Collateral 

Franchise

Joint Ventures

Public corporation

Similarities and differences between PLC and  Ltd

Disadvantages of PLC

Differences between unincorporated businesses and limited companies

Choosing the type of business organisations - Businesses normally start as a sole trader (easier) and then they may grow into a limited company because they reduce the legal and financial risk, separate identities and increase capital.

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Business Studies- Section 4

Key Term

Definition 

Sole Trader

Start-up capital 

Partnership

Unicorparate business

Unlimited liability 

Shareholder

Private limited company 

Public limited company

Ordinary shareholders

Limited liability 

Dividend 

Collateral 

Franchise

Joint Ventures

Public corporation

Similarities and differences between PLC and  Ltd

Disadvantages of PLC

Differences between unincorporated businesses and limited companies

Choosing the type of business organisations - Businesses normally start as a sole trader (easier) and then they may grow into a limited company because they reduce the legal and financial risk, separate identities and increase capital.

Comments

No comments have yet been made