PUBLIC LIMITED COMPANY 0.0 / 5 ? BusinessPLCASAQA Created by: _Holly98Created on: 12-12-15 10:04 WHAT IT IS COMPANY OFFER SHARES PUBLIC BIGGEST TYPE PRIVATE BUSINESS MIN. NO. SHAREHOLDERS IS 2 1 of 7 HOW DO YOU SET IT UP AGREEMENT INITIAL SHAREHOLDERS CREATE THE COMPANY 'MEMORANDUM OF ASSOCIATION' 'STATEMENT OF CAPITAL' DETAILS COMPANYS SHARES & RIGHTS ARTICLES OF ASSOCIATION - DETAILS COMPANY RULES & HOW ITS RUN MIN £50,000 ISSUED CAPITAL 2 of 7 ADVANTAGES FUNDS RAISED FLOTATION PLCS STABLE SECURE TYPES FROM BANK POINT OF VIEW LIMITED LIABILITY - SHAREHOLDER CANT LOSE PERSONAL BELONGINGS CAN BUY & SELL SHARES 3 of 7 DISADVANTAGES FLOTATION EXPENSIVE SHARES HAVE TO BE UNDERWRITTEN CANT CONTROL OWNS SHARES CANT STOP COMPETITORS BUYING SHARES 4 of 7 EXAMPLES FACEBOOK TESCO 5 of 7 IMPACT SHARES OWNED PUBLICALLY PEOPLE OVERTAKE OTHERS OWNERSHIP CHANGE EASILY 6 of 7 IMPACT SHARES OWNED PUBLICALLY PEOPLE OVERTAKE OTHERS OWNERSHIP CHANGE EASILY 7 of 7
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