A public limited company might want to change to a franchise business because they want to invest in more money and gain more profits.
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Because they want to more money and invest more, also they want to make their franchise grow and have higher reputation : D
PUBLIC LIMITED COMPANY AS DEFINED BY WIKIPEDIA, THE FREE ENCYCLOPEDIA: The initials PLC after a UK or Irish company name indicate that it is a public limited company, a type of limited company whose shares may be offered for sale to the public.
cos they do
what is a private limited company? I would like some examples if experienced
In the public limited company the chances of expansion is better and easier. They can go to public and invite stock and expand their capital As the transparency is good in a public limited company they get access to buying supplies and machinery on credit and easy terms.
Becoming a PLC allows a company to sell shares to members of the public on the stock exchange. The reason a company would do this is to generate funds and grow as a businessJack x
start up expenses are large
A limited company grants limited liability to its owners and management. Being a public company allows a firm to sell shares to investors this is benificial in raising capital. Only Public Limited public-limited-companymay be listed on the London Stock Exchange and will have the suffix PLC on their ticker symbol. For example, British Petroleum has the ticker BP PLC.Other requirements include: It must be registered as a public company, it must have at least £50.000 or ¬65,000 of authorized share capital.To form a PLC, it would be advisable to seek legal cousel advice.
The concept of a franchise company is the idea of taking an already successful business model, and applying it in a variety of locations. An example of a successful franchise company would be McDonald's.
A public limited company is known as a Plc this is when anyone from the general public can buy into their sharesA private limited company is known as an Ltd this company is mostly a family and friend business so hey have a say if they would like anyone to buy into their shares.