Please enable JavaScript.
Coggle requires JavaScript to display documents.
Differentiate between - Coggle Diagram
Differentiate between
Owners
Sole Traders
Own by only one person
Can be run effectively alone
Less capital
Power and profit solely to owner
Partnership
profit share among partners
Own by 2 or more people
Partners take active part in power
Companies
Limited Companies
Must have 2 shareholders
Maximum 200 shareholders
slow decision making
company shares are held by private
Shares cannot transfer easily
Public Companies
Minimum 7 shareholders
can be unlimited shareholders
faster decision making
shares is open to everyone
Shares can be transfer easily