BE1-Fundamentals-Company

One person owns and controls the business

• a sole trader

• a franchise

• a public limited company

• a partnership

• a private limited company

Two or more people own and manage the business

• a sole trader

• a franchise

• a public limited company

• a partnership

• a private limited company

Several people called shareholders each own a part – or share – of the business. The shareholders are sometimes family or friends.

• a sole trader

• a franchise

• a public limited company

• a partnership

• a private limited company

This is a large company. Anyone can buy or sell its shares on the stock market

• a sole trader

• a franchise

• a public limited company

• a partnership

• a private limited company

This is a joint venture between a local entrepreneur and a well-established business

• a sole trader

• a franchise

• a public limited company

• a partnership

• a private limited company