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
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
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.
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