Types of ownership 5.0 / 5 based on 1 rating ? Applied BusinessBusiness OwnershipGCSEOCR Created by: jademillwardCreated on: 14-03-17 12:49 someone who owns/runs a business by themself Sole Trader 1 of 6 2-20 people who own/run a business Partnership 2 of 6 a business with friends/family as shareholders Private Limited Company 3 of 6 a business that sells shares to the public Public Limited Company 4 of 6 a business that sells rights to people who can then operate under their brand name/images/system of operations/products. Franchise 5 of 6 a business that takes an ethical stance to provide a service rather than a focus on profit Non-profit organisation 6 of 6
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