types of companies

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  • Created by: DanRowe
  • Created on: 29-04-16 09:43
what is a sole trader?
An individual that runs a business
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what is a partnership?
Two or more people go into business together.
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what is co-operative?
Owned and run by a group of people who have shared interest in the business.
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advantage of sole trader?
get all profits
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advantage of partnership?
people can cover for you
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advantage of co-operative?
combines products to get more money
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Other cards in this set

Card 2

Front

what is a partnership?

Back

Two or more people go into business together.

Card 3

Front

what is co-operative?

Back

Preview of the front of card 3

Card 4

Front

advantage of sole trader?

Back

Preview of the front of card 4

Card 5

Front

advantage of partnership?

Back

Preview of the front of card 5
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