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companies - Coggle Diagram
companies
COOPERATIVE SOCIETIES
The workers are the master of their own organisation. They decide the expenses, invest earn of all. They unemplyed can get into this job whit loans and tax rebates, aided the government.
there may be a lack of disqualified managers.
exples cooperative societies are Coo, Conad, ecc...
SOLE TRADER
Sole trader: is a person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses.
Advantages
- you are the boss
- you make alle decisions
- you don't have to share profits with anyone
- (It is an easy way to start a business and is not too complex from a legal viewpoint. )
Disadvantages
- if business is not good, you will be responsible for your losses
- You might run into debt or go bankrupt
- It may be difficult to obtain a bank loan because small businesses are considered risky.
FRANCHISING
Franchising comes from the United States and is used in Europe too. Retail businesses such as, McDonald's and the Home Depot subscribe a franchise agreement with a smaller business that is interested in selling their products. The bigger firm, called the franchisor, provides the fittings and furniture for the shop and gives permission to use the company's products and logo. The franchisee, the smaller company, agrees to buy only from the franchisor and pays an initial sum of money called the franchise fee that will be supplemented by a percentage of the annual turnover called the management service fee.
CORPORATIONS
definition
a company separate from the owner and is it's like a "real person" because has many right, duties and privilegs
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LIMITED COMPANIES
Limited companies are also called joint stock companies. If you buy shares in a limited company, you be liable for its losses. The company has its own identity and legal existence. The shareholders' are only responsible for the capital they have invested in the business Their profit depends on the shares they own. Despite this, shareholders do not manage the company. It's the board of directors that appoints' managers and decisions are taken by CEOS (chief executive officers) Limited companies can be either private or public.
PRIVATE LIMITED COMPANY A private limited company is abbreviated Ltd. Private limited companies can have from a minimum of two to an unlimited number of shareholders. the minimum share capital is £ 1. The company can decide the authorized share capital, that is the total number of shares a company is authorized to issue. Examples are a family run shop, a local football team and a car company like Ford.
PUBLIC LIMITED COMPANY is abbreviated Ple. Ple can sell shares to the public, can be quoted on the stock exchange. They have a minimum share capital of £ 50,000 or 59,000 euros. Examples of public limited companies are British Rail and British Airways. Shares can be sold freely on the Stock Exchange.
NON-PROFIT ORGANISATIONS
a non-profit organisation aims to improve the lives of people living in the Third World through food aid and giving them medichals, such as Unicef or Emergency.
it also exists a non profit organisation that protects and defends the environment from man, such as Worldrise onlus and Verde chiaro. Finally there are some non profit organisations that defend animals and their welfare, for example WWF.
this kind of organisation don't have any profit and they have a precise idea of their targets and how to reach them.
MATTIA DAINESE
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PARTNERSHIP
The Partnership is a collaboration relationship between two or more companies aimed at setting up, managing and implementing a common project. The partnership relationship is independent of the size of the company
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LIMITED PARTNERSHIP
only one partner are liable for the losses,while the other are responsable for the capital invested initially
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