Unit 1 Business Different Types of Businesses. 0.0 / 5 ? Business StudiesBusinessASAQA Created by: ereevesdsfcCreated on: 15-11-18 12:03 Owner takes all profit Sole Trader 1 of 31 Extremely Risky Sole Trader 2 of 31 Limited capital for investment Sole Trader 3 of 31 Unlimited Liability Sole Trader 4 of 31 Access to more capital than unincorporated businesses. Private Limited Company 5 of 31 Less flexible if expansion needs finance, more difficult to raise. Private Limited Company 6 of 31 More privacy than a plc Private Limited Company 7 of 31 Limited Liability and the business has a seperate legal identity. Private Limited Company 8 of 31 Easier to raise finance as a result of its Stock Exchange Listing. Public Limited Company 9 of 31 Greater scope for investment Public Limited Company 10 of 31 At risk of a hostile takeover. Public Limited Company 11 of 31 Has to publish its financial information Public Limited Company 12 of 31 Owned, financed and run by private individuals. Private Sector Organisations 13 of 31 Aim is to make profit. Private Sector Organisations 14 of 31 Owned and operated by the government. Public Sector Organisation 15 of 31 Provide services such as education and healthcare. Public Sector Organinisation 16 of 31 The identity of the business and the owner are the same eg. sole traders. Unincorporated Business 17 of 31 Has a separate legal identity from the individual owner. Incorporated Business 18 of 31 A business owned by one person Sole Trader 19 of 31 A business owned by two people Partnership 20 of 31 Owners of the business are liable for all the debts the business may incur. Unlimited Liability 21 of 31 Any debts incurred within the business stay in the business, isn't the individual owners concern. Limited Liability 22 of 31 Money given to a company by shareholders in return for a share certificate that gives them part ownership within the company. Ordinary Share Capital. 23 of 31 A payment made by a business to shareholders from profit. Dividends 24 of 31 The value of outstanding shares in a public limited company. Market Capitalisation 25 of 31 Somebody that owns at least one share in a company. Shareholder 26 of 31 Somebody who has an interest in the business. Stakeholder 27 of 31 Political, Economic, Social, Technological, Legal, Environment PESTLE 28 of 31 The amount of a product Demand 29 of 31 The cost of borrowing money and the return for lending money. Interest Rates 30 of 31 The characteristics of human populations and population groups. Demographic 31 of 31
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