Types of Business Ownership

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  • Types of Business Ownership
    • Company
      • Expensive to begin
      • Limited liability
    • Public Limited Company
      • Better access to capital
      • Complex to start up
    • Private Limited Company
      • Limited liability
      • Sales cannot be sold on a public stock exchange
    • Partnership
      • Don't have to pay income pax
      • Unlimited liability
    • Sole Trader
      • You are your own boss and get all profits
      • You have unlimited liability so your things can be taken if a payment isn't paid

Comments

Timothy John

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There is a small mistake in Private Limited CompanyPrivate Limited Company. "Sales cannot be sold on a public stock exchange" It should read "Shares" not "Sales".

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