Business Unit 1 0.0 / 5 ? Business StudiesBalance sheetsStarting a businessGCSEOCR Created by: H7HousehamCreated on: 06-06-23 11:17 Sole Trader One owner Owner keeps profits Unlimited liability Cater for local people Easy to set up 1 of 5 Partnership Shared profits 2 owners Help to make decisions Unlimited Liability Death of member brings it to an end 2 of 5 Public limited company PLC Unlimited owners Expensive to set up Shares on stock exchange Limited Liability 3 of 5 Private limited company LTD 2-50 owners Choose who buys shares Shares not on stock exchange Limited liability 4 of 5 H H7househam 5 of 5
Comments
No comments have yet been made