• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

There are many ways in which business can be organized

Page
  1. 1
    1
  2. 2
    2
  3. 3
    3
  4. 4
    4
  5. 5
    5
  6. 6
    6
  7. 7
    7
  8. 8
    8
  9. 9
    9
  10. 10
    10
  11. 11
    11
  12. 12
    12
  13. 13
    13
  14. 14
    14
  15. 15
    15
  16. 16
    16
  17. 17
    17
  18. 18
    18
  19. 19
    19
  20. 20
    20
  21. 21
    21
  22. 22
    22
  23. 23
    23
  24. 24
    24
  25. 25
    25
  26. 26
    26
  27. 27
    27
  28. 28
    28
  29. 29
    29
  30. 30
    30
  31. 31
    31
  32. 32
    32
  • Essay length: 10880 words
  • Submitted: 05/10/2005
Share this essay:
AS and A Level ICT in Business

The first 200 words of this essay...

Business Ownership

There are many ways in which business can be organized. It can be from a small one-man business to a multinational organization. The business ownership is mainly divided into different sectors. In this part I am going to explain about two types of business ownership.

1. Private limited company

2. Public limited company (plc)

Private limited company

The limited company is fast becoming one of the most common forms of business organization. When a small business expands there is need for extra capital. The proprietors may start the business as a limited company just to obtain the benefits of limited liabilities. The partners may decide to turn the business into limited company to raise this capital. A limited company is a separate organization in law from its shareholders and directors.

The main points of private limited companies are:

* The name of the company must end with the word 'limited'.

* There is no limit to number of shareholders.

Advantages

1. Limited company can continue even after the owner dies.

2. With limited liabilities company is able to attract capital from public.

3. The founder

Read more
The above preview is unformatted text

Found what you're looking for?

  • Start learning 29% faster today
  • Over 150,000 essays available
  • Just £6.99 a month

  • "
    This site has helped me a lot with my coursework because it has enabled me to think, find evidence and explain my literature texts. Thanks to this site I have started receiving A* and As in English.
    "
    Zoia, London. GCSE Student. 'English, Science, RE, Geography, History.'
  • "
    I have used the site to find relevant essay questions for my senior students in Modern History to complete. As well as provided some essay samples to demonstrate the stucture of an historical essay.
    "
    Yvette Agars. Senior History Teacher. Saint John's College. Whyalla S.A.

Marked by a teacher

This essay has been marked by one of our great teachers. You can read the full teachers notes when you download the essay.

Peer reviewed

This essay has been reviewed by one of our specialist student essay reviewing squad. Read the full review on the essay page.

Peer reviewed

This essay has been reviewed by one of our specialist student essay reviewing squad. Read the full review under the essay preview on this page.