1 / 4

Year 11 GCSE Business Studies

Year 11 GCSE Business Studies. Limited Liability. Sole trader. Partnership. LTD. PLC. How many people in these 2 businesses?. Who can buy shares in a private limited company?. Who can buy shares in a public limited company?. The businesses above have all gone BANKRUPT!!!

happy
Download Presentation

Year 11 GCSE Business Studies

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Year 11 GCSE Business Studies Limited Liability

  2. Sole trader Partnership LTD PLC How many people in these 2 businesses? Who can buy shares in a private limited company? Who can buy shares in a public limited company? The businesses above have all gone BANKRUPT!!! They all owe £100,000

  3. Sole trader Partnership LTD PLC The sole trader has £50,000 of value in his business The partners have £75,000 of value in their business The shareholders have invested £60,000 The shareholders have invested £80,000 Where does the rest of the money come from? What happens to these figures…Do the shareholders lose their investment? What happens to the £40,000 / £20,000 Selling personal assets/belongings The ‘company holds’ the debt

  4. Definition • Investors (shareholders) in a limited company can only lose their investment in the business if it fails • They cannot be forced to sell lose their personal possessions (assets) to pay off debts • Sole trader’s and partnership’s can be forced to sell off personal possessions (assets) to pay off debts

More Related