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BUSINESS ORGANISATION - Coggle Diagram
BUSINESS ORGANISATION
Sole trader
examples
restauants
plumber
small shops
carpenter
unlimited liability
with personal properties
advantages
disadvantages
Limited companies
capital
divided into shares
members
shareolders
own company
don't control company
limited liability
initial investment
Managing director
on top of
Board of directors
important decisions
Franchises
imported from USA
agreement
between
franchisor
large, well-known company
franchisee
smaller company
pay two fees
franchise fee
managment service fee
Multinationals
large company
based in one country
with branches
in other countries
Barilla Group
pasta, bakery products
1877- in Parma