The options for small and start-up businesses Flashcards
1
Q
What is a company with LTD in its title?
A
a private limited company
2
Q
How do Private Limited Companies expand?
A
they expand by selling more shares, giving the business more capital
3
Q
Which type of liability do private limited companies have?
A
Limited Liability
4
Q
Do you choose who buys shares in Private Limited Companies?
A
Yes
5
Q
Name a one word disadvantage of Private Limited Companies?
A
Disagreements
6
Q
What is another word for paper work in business?
A
Red Tape
