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Legal structure. the right legal structure . Recap. What is a sole trader? What is a partnership? What is unlimited liability? What is limited liability?. Private Limited Company . A business that offers investors a share in the business Shares can only be sold to family and friends
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Recap What is a sole trader? What is a partnership? What is unlimited liability? What is limited liability?
Private Limited Company • A business that offers investors a share in the business • Shares can only be sold to family and friends • Has Ltd after the name Examples: Virgin, Toy Manufacturers, Family firms
Public Limited Company • A company able to sell shares to the general public by being listed on the stock exchange • Has PLC after the name