Scribd
Upload
48 views

05 Companies

There are several types of business entities and company structures. These include sole traders, general partnerships, limited partnerships, limited liability companies, public limited companies, subsidiaries, holding companies, groups, conglomerates, and co-ops. A sole trader runs their own business alone while partnerships involve two or more people running a business together, with general partners taking on full responsibility for debts and limited partners having responsibility capped at their investment amount. Limited liability companies and public limited companies limit owner responsibility to unpaid share amounts. Subsidiaries are at least half owned by a parent company, and groups involve holding companies owning over half of other companies' shares.

Uploaded by

Rupak WOLFDALE Dutta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
48 views

05 Companies

There are several types of business entities and company structures. These include sole traders, general partnerships, limited partnerships, limited liability companies, public limited companies, subsidiaries, holding companies, groups, conglomerates, and co-ops. A sole trader runs their own business alone while partnerships involve two or more people running a business together, with general partners taking on full responsibility for debts and limited partners having responsibility capped at their investment amount. Limited liability companies and public limited companies limit owner responsibility to unpaid share amounts. Subsidiaries are at least half owned by a parent company, and groups involve holding companies owning over half of other companies' shares.

Uploaded by

Rupak WOLFDALE Dutta
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

COMPANY FORMS AND TYPES

sole trader/entrepreneur a person who runs and owns a subsidiary, a company of which at least half
business, and is the only one daughter company is owned by another company,
responsible for it called a parent or holding
(general) partnership company
an association of two or more
people who run a business a company of which more than
associate company
together 20 but less than 51 per cent of
the share capital is held by
limited partnership an association of one or more another company
general partners and one or
more limited partners holding company, the leading company of a group
parent company that holds more than half of the
general partner is responsible for the debts of shares of the other companies
the limited partnership
group a holding company together
limited/sleeping partner with its subsidiary companies
is only responsible for the debts
of the firm up to the amount
he/she has invested in the firm a number of companies joined
conglomerate
together and run as a large
limited (liability)company, a company whose members are company
Ltd, only responsible for its debts up
incorporated company, Inc to a limited amount, usually the a company that has been bought
amount of unpaid shares acquisition or taken over

public limited company, plc a company whose shares can be


bought on the stock exchange a business concept in which the
franchise franchisor receives a royalty for
a business owned by its the usage of trade-mark and
co-op, coop,
customers. They elect the controls the use of it
consumers’ cooperative board of directors from amongst
their own number

- 1

You might also like