business structure Flashcards by Imogen Smith

Q

what’s a LTD

A

Private limited company- Often a small business. Shares do not trade on the stock exchange.

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Q

advantages of a LTD

A

limited liability
can attract extra shareholders to invest
because of limited liability

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Q

disadvantages of a LTD

A

Having to disclose the accounts – financial information filed with the Registrar can be looked at by public/competitors.

Profits have to be shared with the other
shareholders.

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Q

what is a PLC

A

Is usually a large, well-known
business. Shares trade on the stock exchange.

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Q

Advantages of a PLC

A

Limited Liability
More market power maybe enjoyed due tolarger size.

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