• Business
    :- Sole trader Partnership Private limited company Public limited company Franchise Co-operative. I will describe them and go into detail’s the one that is most suitable for my business. SOLE TRADER A sole trader or simply a proprietorship is a type of business entity that is...
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  • Sole Trader vs Private Limited Company
    one person contributes money. Although, a Private Limited Company has many advantages over a sole trader, there are also a few disadvantages. One of this is that profits can be diluted because they must be evenly distributed among all shareholders. However, in a sole proprietorship all profits would...
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  • Private Limited Company
    medium sized business trade as private limited companies. This is also the path often followed by sole traders and partnerships when they wish to expand their operations but still retain control of the business. Advantages of a Private Limited Company (Ltd) · The sales of shares can...
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  • Managing Financial
    assets cannot be touched. As a private limited company, you have an advantage over a personal proprietorship in that it has greater resources or access to capital investment. A private limited company has access to finances through selling shares, which a sole proprietorship does not...
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  • charlie mustow
    distribution of profits can cause problems. The deed of partnership sets out who should get what, but if one partner feels another is not doing enough, there can be dissatisfaction. 4. A partnership, like a sole trader, has unlimited liability. Another ownership would be Private limited company. A...
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  • toes
    . Running it how they please without the interference/meddling of others. . Sole traders recollect all the profits of their business. The Information is about sole traders that are kept private, unlike that of limited companies which is necessarily made public after registration with Companies...
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  • Different Types of Business Ownership; +'s and -'s
    There are many different advantages and disadvantages of different types of business ownership, such as being a sole trader, in a partnership, franchises and limited companies. Sole Trader The advantages of being a sole trader are as follows;  They are easy to set up – There are very few...
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  • business plan
    partnership, the owners of a limited company are not necessarily involved in running the business. Also like a sole trader and a partnership there comes advantages and disadvantages. An advantage is that there is Limited Liability; also more capital can be raised as the maximum number of...
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  • Type of Organization
    Business aims and objectives tutor2u™ GCSE Business Studies Main types of business organisation Sole trader Partnership Private Limited Company (“Ltd”) Public Limited Company (“plc”) Co-operatives Franchises Public sector tutor2u™ GCSE Business Studies Measuring size of a business...
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  • Soletrader
    how profits and losses will be shared. Doctors, dentists and solicitors are typical examples of professionals who may go into partnership together. The Advantages of Partnership 1.The main advantage of a partnership over a sole trader is shared responsibility. This allows for specialisation...
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  • Law- Ll Companies
    and legal personality There is no distinction between business money and personal money for anyone self employed as all business debts are the personal responsibility of the sole trader. The private limited company advantages are that the company is a separate corporate body and liability for...
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  • Business Environment
    organizations, each having its own benefits and drawbacks. These are: • Sole trader • Partnership • Private limited company • Public limited company • charity In relation to which legal entity my business will take, firstly a public limited company will not be suitable as I will be panning...
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  • Miss
    Introduction: There are different types of Private Ownerships: -Sole trader -Partnership -Limited companies There have two types of limited company: - Private limited company (Private limited company is also call ‘Ltd’) - Public limited company (Public limited company...
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  • Oe (Sole Trader)
    December 2009]. (2009). Public and Private Limited Companies [Internet]. Available from: <http://www.bbc.co.uk/schools/gcsebitesize/business/aims/limitedcompaniesrev2.shtml>[Last accessed 14 December 2009]. (2009). sole trader [Internet]. Available from: <tutor2u.net/business/gcse...
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  • Types of Ownership
    limited by the amount of capital personally available. Partnerships A partnership is when 2--20 people will run and control a business. They will share the responsibility and the profits of the business. The advantages of partnerships are a partnership over a sole trader is shared responsibility...
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  • English Business
    accounts. Another disadvantage is that it is an unlimited liability which means there is the risk of the sole trader to lose his personal assets. This picture shows the range in which the customers may live. Public Limited Company- also called Corporations, are...
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  • Report on Mobile Phone Business
    the business could be  forced to shut and the income and profits would stop.  There are tax advantages such as, national insurance contributions;  this saves a sole trader hundreds of pound on profits, and this saves  them setting up a limited company and having to become an employee of  a...
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  • Assessment of the Kingsley Store
    ; Disadvantages include: * Shares can only be sold privately; * If possible expansion, it is not very flexible; * Has more legal formalities than sole traders; Public Limited Company A public Limited Company is one which is a separate legal existence from its shareholders who enjoy the...
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  • Business Studies Unit 1
    Warburton’s and New look retailers. The sizes of lTd are normally regional and the scale is quite large. Advantages: * Limited companies can be easier to sell than Sole Traders and Partnership. * If a limited company falls there is less risk to personal asset * Easy and Inexpensive to setup as...
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  • Miss
    -accounting/953-private-limited-company-advantages-versus-sole-trader-basic-accounts.html Term Paper Warehouse (2008). “Advantages and Disadvantages of Public Limited”. [online]. Available from: http://www.termpaperwarehouse.com/essays/advantages-disadvantages-public-limited/25276.html. The Company Warehouse. “Private Limited Company”. [online]. Available from: http://www.thecompanywarehouse.co.uk/glossary/private-limited-company.asp...
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