A person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses
1 of 5
Partnership
A business us owned by more then two people, up to twenty. A contract to declare partnership is signed sharing business and responsibility.
2 of 5
Private limited company (LTD)
Privately held small business entity. It límites owner liability to their shares, limits number of shareholders to 50 and restricts shareholders from publicly trading shares.
3 of 5
Public Limited company (PLC)
A large well known business that shares trade on stock exchange
4 of 5
Franchise
An authorization granted by the government and beginner set up of a business to set up the business using their name and logo, of which is done through the trademark.
5 of 5
Other cards in this set
Card 2
Front
A business us owned by more then two people, up to twenty. A contract to declare partnership is signed sharing business and responsibility.
Back
Partnership
Card 3
Front
Privately held small business entity. It límites owner liability to their shares, limits number of shareholders to 50 and restricts shareholders from publicly trading shares.
Back
Card 4
Front
A large well known business that shares trade on stock exchange
Back
Card 5
Front
An authorization granted by the government and beginner set up of a business to set up the business using their name and logo, of which is done through the trademark.
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