business 2

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  • Created by: vgvygghuh
  • Created 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.
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public limited company
A company that is owned by shareholders and sels shares on the stock exchange
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advantages of being a private limited company
raise capital by selling shares to family and friends and you are protected by limited liability
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disadvantages of being a private limited company
you have to complete level documents to become a company and have to pay more tax
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advantages of being a public limited company
it raises vast amount of capital through the selling of shares on the stock exchange
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disadvantages of being a public limited company
if you do not retail 51% of the shares then you will lose control over the business.
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incorporation
The process of becoming a limited company
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Other cards in this set

Card 2

Front

public limited company

Back

A company that is owned by shareholders and sels shares on the stock exchange

Card 3

Front

advantages of being a private limited company

Back

Preview of the front of card 3

Card 4

Front

disadvantages of being a private limited company

Back

Preview of the front of card 4

Card 5

Front

advantages of being a public limited company

Back

Preview of the front of card 5
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