Types of Owneship

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What is a Sole Trader?
A business owned by one person
1 of 6
what is a business owned by 2 or more people called?
Partnership
2 of 6
What is a franchise?
Any individual can buy a branch of a ready made firm.
3 of 6
What is a Cooperative?
A business owned and run by people with shared interests.
4 of 6
What does LTD stand for?
Private Limited Company
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What is a Public Sector Organisation?
A firm owned and run by the government
6 of 6

Other cards in this set

Card 2

Front

what is a business owned by 2 or more people called?

Back

Partnership

Card 3

Front

What is a franchise?

Back

Preview of the front of card 3

Card 4

Front

What is a Cooperative?

Back

Preview of the front of card 4

Card 5

Front

What does LTD stand for?

Back

Preview of the front of card 5
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