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Company - Coggle Diagram
Company
Private Limited
Weeknesses
Limited owners (50)
Shares cannot be quoted
Restricts the transfer ability of shares
Strenghts
Reputation
Limited liability
No minimum capital
Public Limited
Strengths
Shared capital
Limited liability
Grow organically
Weeknesses
Hostile takeover (Rival company buys it)
Different Directions for the Business
Potential loss of control
Links:
https://rsaccountancy.co.uk/setting-public-limited-company-advantages-disadvantages/#:~:text=Disadvantages%20of%20a%20Public%20Limited,eject%20you%20from%20the%20business
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https://www.informdirect.co.uk/company-formation/public-limited-company-advantages-disadvantages/
https://ebizfiling.com/blog/advantages-and-disadvantages-of-private-limited-company/#:~:text=One%20of%20the%20main%20disadvantages,cannot%20issue%20prospectus%20to%20public
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