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Business Structures (Sole Trader (Advantages (Quick, inexpensive, easy to…

- - - - Private Companies
      - pty ltd
      - pty limited
    - - Offers shares to the public
      - Ordinary shares
      - preference shares
      - can be listed or not listed on stock exchange
      - Most report financial information with accounting standards
    - - popular with non profits and sporting clubs
      - separates entity from individual but doesnt profit
    - - Only mining companies in Australia
      - high risk
      - shareholders don't have to pay outstanding debt