One disadvantage to owning a private company is the fact that financing the business may be difficult. An advantage to owning a private company is the fact that you are in control of your business decisions.
The formation of a limited company makes the company an entity in its own right with its own liabilities. If you are a partnership and the company goes bust you and your partner are personally liable for any monies owed. If the company is Limited then it is limited to paying the investment into the company and its assets to its creditors should the company fail.
Disadvantage of a private limited bank is that they cant raise capital through public offering . They should have their own capital for the company.
Financial records must be kept in publicPay away dividenseTakeoversPension funds may have different ideas/views than the company. Split profits
If the partnership go into debt, you can lose personal assets aswell as the businesses assets. A private company's assets can only be ceased if the company go into debt.
The advantages are the customer will trust you more. The disadvantages are that you will have to keep up with stringent standards.
following are the advantages of public limited company:limited liabilityshare issued to publiclarge capitaldistribution of workloadteam workcentralization systemfollowing are the disadvantage of public limited companylack of secrecyleg pullinglack of interests of employeesgovernment restrictions.
Advantages for public limited companies include unlimited liability of shareholders, legal entity (operations are unaffected by shareholder death), and no limit on the number of shareholders who can raise capital. Disadvantages include problems managing a large company, slow-decision making process and loss of control by the original founder (s).
One disadvantage to owning a private company is the fact that financing the business may be difficult. An advantage to owning a private company is the fact that you are in control of your business decisions.
they are wierddd
advantages: efficiency and long lasting disadvantages: charcoal is a natural resource so therfore it is limited to how much the people of the Earth can use
Disadvantages Resources are limited financing available for growth is not sufficent Advantages Resources areused efficently adopts new tehhnologies quickly
Disadvantages Resources are limited financing available for growth is not sufficent Advantages Resources areused efficently adopts new tehhnologies quickly
If you don't pay off a product in a limited time you lose the deposit on the product and you might also lose some money depending on the company you are at.
If you don't pay off a product in a limited time you lose the deposit on the product and you might also lose some money depending on the company you are at.
Disadvantages Resources are limited financing available for growth is not sufficent Advantages Resources areused efficently adopts new tehhnologies quickly
it is confined to a limited ar less safety