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Business Studies > 9. Advantage and disadvantages of forms of business ownderships > Flashcards

9. Advantage and disadvantages of forms of business ownderships Flashcards

1
Q

Sole trader
Partnership

A

+ low start up costs
+All profits to owner
-unlimited liability
-raising capital is difficult

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2
Q

LTD
PLC

A

+Raising capital
+Limited liability
-Lack of privacy
-Set up costs

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3
Q

Social enterprise

A

+Profit for change
+Donations for change
-Dependancy on funds
-Greater risk

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4
Q

Charities within the voluntary sector (Marie curie)

A

+More affordable
+Wider range of products
-Dependancy on funds
-Greater risk

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Business Studies (25 decks)

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