Please enable JavaScript.
Coggle requires JavaScript to display documents.
Business work - Coggle Diagram
Business work
private limited company
advantages - can choose who the shareholders are and who has control in the business, limited liability , can get money from shares
disadvantages- has to give away a percentage of the business meaning they lose money , lose control
-
-
sole trader
advantages - no disagreements within the business , start up costs are low
disadvantages- bigger workload , less efficiency , unlimited liability
-
-
partnerships
advantages - less workload, more creativity
disadvantages - disagreements within the business , unlimited liability
-
-
limited company
advantages - gets money from shareholders on the stock market , less risk to owner
disadvantages-stocks become less valuable as more are released to the public for sale , high set up costs
-
-
-