Types of ownership
- Created by: Thomasag
- Created on: 12-06-18 09:31
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- Types of ownership
- sole traders
- keep all the profit
- no boss
- no holiday pay
- no sick pay
- long hours
- unlimited liabillity
- Private limited company (Plc)
- limited liabillity
- shares issued to raise money
- selling shares is limited to family and friends
- financial information is shared on the internet to the public
- share holders might not have the money to expand
- continuity mean that if on of the shareholders dies the company will continue and not end.
- sole traders
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