3.2 Types of business organisation


Additional information

Types of business organisations including different business ownership models.

Business organisations are: sole traders, partnerships, private (Ltd) and public limited liability companies (plc).

The associated benefits and risks and the impact on business reporting.


Sources of finance for different forms of business organisation and the risks related to those.

Sources of finance are: owner’s capital, partners’ capital, bank overdraft, bank loan, mortgage, ordinary shares, debentures.