3.2 Types of business organisation
Content |
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. |
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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. |
