Please enable JavaScript.
Coggle requires JavaScript to display documents.
Types of Business Organisations - Coggle Diagram
Types of Business Organisations
Limited Company
owned by
shareholders
is a
seperate legal entity
has
limited liability
divided into
Private
shares are held by
family / friends
Public
shares are offered to
the public / organisations
Co-Operatives
owned by
people who use its services
people who work there
is a
democratic operation
has
limited liability
divided into
Consumer
owned by
consumers / customers
Provider
owned by
goods producer
Worker
run by
employees
Partnerships
owned and run
by >2 people
has
unlimited liability
is an
unincorporated business
shared decision making & workload
Franchise
pays
license fee
revenue percentage
provided with
support
training
marketing
a business that
buys the right
to use an existing company's
brand name
product
easier to
gain loans (low risk)
Sole Trader
owned and run
by one person
has
unlimited liability
is an
unincorporated business
Social Enterprise
money obtained
reinvested in
the business
used for
social cause
established for
social objectives
ethical values