Business structure 4.0 / 5 based on 1 rating ? Business & Communication SystemsBusiness structureGCSEAQA Created by: rstaines98Created on: 15-12-13 15:09 Name the five types of business structures Sole trader, partnership, private limited company, public limited companies and franchises. 1 of 6 What is a sole trader? Someone who runs a business by themselves. 2 of 6 What is a partnership? A business owned by two or more people 3 of 6 What is a private limited company A small independent business such as a retailer 4 of 6 What is a public limited company? A large well-known business with shares on he stock market. 5 of 6 What is a franchise? buying into an existing business and acquire the right to use an existing business idea. 6 of 6
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