Types of businesses 0.0 / 5 ? BusinessTheme 1ASEdexcel Created by: CJ6372Created on: 15-05-19 14:11 24315 Across 1. Limited Liability. Shares sold on stock exchange bought/sold by anyone. Easy to raise finance. Start/running costs are expensive. All company affairs are public. E.g BP, Burberry, Tesco, Unilever (6, 7, 7) 5. Organisation that aims to help humans/the environment. Creates value for society, hard to get donations/funding. Must meet social aims. Helps community. E.g Eden project, Big Issue (6, 10) Down 2. One owner of a business who is entitled to keep all profits after tax. One person has full control. Unlimited liability. Hard to raise finance. Everything/all the stress is down to one person. E.g local restaurants, hairdressers (4, 6) 3. 2 or more individuals who share management and profits. Combine capital, easy to set up, spread work load. Shared profits, disagreements. E.g Ben and Jerry, Warner Bros, McDonalds (11) 4. Owners sell the rights to their business logo, name and model. It has wide spread recognition but they must operate how the franchiser wants. Royalties are given to the franchiser. Affected by damaged brand name. E.g Shakeaway (9)
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