Types of Business

In this session you will cover and learn about different types of business. You will also cover the advantages and disadvantages of these different types of business.

Introduction
• There are many different types of business set up.
 • Many entrepreneurs set up businesses on their own and run the business by themselves.
• There are also organisations that are run by a few people, working as a partnership.
• Whatever the size or set up of the business, it needs the correct management team to make it work.

You will learn:

1. Sole Trader
2. Partnerships
3. Private Limited Companies (Ltd)
4. Public Limited Companies (Plc)