business 2 0.0 / 5 ? Business StudiesGCSEAQA Created by: vgvygghuhCreated on: 30-04-13 21:26 private limited company A company that is owned by shareholders but doesn't sell shares on the stock exchange. 1 of 7 public limited company A company that is owned by shareholders and sels shares on the stock exchange 2 of 7 advantages of being a private limited company raise capital by selling shares to family and friends and you are protected by limited liability 3 of 7 disadvantages of being a private limited company you have to complete level documents to become a company and have to pay more tax 4 of 7 advantages of being a public limited company it raises vast amount of capital through the selling of shares on the stock exchange 5 of 7 disadvantages of being a public limited company if you do not retail 51% of the shares then you will lose control over the business. 6 of 7 incorporation The process of becoming a limited company 7 of 7
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