Business Framework

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Stakeholder
An individual or organisation that has a direct interest in a business or organisation.
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Sole Trader
One person who owns a business and runs it depending on how they want.
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Partnership
1-20 people own a business and own, finance and control the business together.
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Private Limited Company
A business owned by shareholders that gives shares to family and friends only. The shareholders are responsible for invested profit. Each shareholder recieves profit called a dividend.
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Public Limited Company
Owned by shareholders who sell share on stock to the public (not just family and friends). Shareholders recieve shared profit called a dividend.
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Other cards in this set

Card 2

Front

One person who owns a business and runs it depending on how they want.

Back

Sole Trader

Card 3

Front

1-20 people own a business and own, finance and control the business together.

Back

Preview of the back of card 3

Card 4

Front

A business owned by shareholders that gives shares to family and friends only. The shareholders are responsible for invested profit. Each shareholder recieves profit called a dividend.

Back

Preview of the back of card 4

Card 5

Front

Owned by shareholders who sell share on stock to the public (not just family and friends). Shareholders recieve shared profit called a dividend.

Back

Preview of the back of card 5

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