Please enable JavaScript.
Coggle requires JavaScript to display documents.
ownership types, f - Coggle Diagram
ownership types
franchise
the company you work for
the money gets split between everyone
less responsbailty
you just work for the bussniss
you wont be the one suffering if comany losses
not as much free time when needed
have many people working for the company
partner ships
2-20 people who work in a bussniss toghther
an equal split i the partnership so no real boss
liability is not limited it is unlimited if you do partner ship
the finace comes from the bussniss
everyone keeps the profiit after it is split between
less responsibity to hold
sole trader
you own the entire company
you get all the prearsure if you fail
you get unlimeted liabilty
you can have time off when needed
private limited company
a separate illega lentery to its owner shp
controls it directors
owns it holds it
labiality is limaated
f