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· Franchises
o A business which has bought the right to trade under an established name
· Sole Traders
o Owned, controlled and financed by one person
· Co-operatives
o Groups of people who enter business and share the benefits
§ Consumer Co-operatives
§ Producer Co-operatives
§ Worker Co-operatives
· Public Limited Companies (PLCs)
o Minimum of 2 but no maximum number of shareholders
· Private Limited Companies
o Owned, financed and controlled by between 2 and 50 shareholders
· Partnerships
o Owned, financed and controlled by 2 or more people
What else can I help you with?
What are the forms of business ownership?
Private ownership (belongs to an individual) Nationalised ownership (belongs to the state) Public limited ownership (belongs to shareholders) are the 3 main forms of ownership (there are more)
Different forms of business according to ownership?
close cooperation/partnership/sloe trader/public company / private company
Private ownership of business is a characteristic of?
capitalism
Private and state ownership of business?
mixed econemy
What are the four main forms of retail business ownership?
education
What are the forms of business ownership?
Private ownership (belongs to an individual) Nationalised ownership (belongs to the state) Public limited ownership (belongs to shareholders) are the 3 main forms of ownership (there are more)
What are the 3 legal forms of business ownership?
the 3 forms of business ownership with their characteristics advantage &disadvantages
Different forms of business according to ownership?
close cooperation/partnership/sloe trader/public company / private company
Private ownership of business is a characteristic of?
capitalism
Private and state ownership of business?
mixed econemy
What is the ownership of apple inc?
Apples ownership is private because it is a profit making business
How is US economy a capitalised economy?
private business ownership
What are the factors that influence the choice of forms of ownership?
Five factors that can influence the choice of for of business ownership?
Compare and contrast any two forms of business ownership that you are familiar with?
compare and contrast any two form of business ownership
What are the four main forms of retail business ownership?
education
Does public ownership and central planning do a better job than private business and free markets?
No. Private ownership and free market is a better system than public ownership and central planning.
Classification of business by ownership?
1.corporation 2.cooperation 3.partnership 4.ownership 5.Private
