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Types of business organisation ,[object Object],[object Object],[object Object],[object Object]
Private Sector ,[object Object],[object Object],[object Object],[object Object],[object Object]
Sole Trader ,[object Object],[object Object],[object Object],[object Object],[object Object]
Sole Trader ,[object Object],[object Object],[object Object],[object Object],[object Object]
Partnership ,[object Object],[object Object],[object Object],[object Object]
Partnership ,[object Object],[object Object],[object Object],[object Object],[object Object]
Partnership Deed ,[object Object],[object Object],[object Object]
Ownership – Question…… ,[object Object],[object Object],INTERNET RESEARCH – PARTNERSHIPS – WHAT IS A LIMITED PARNTERSHIP WHAT HAPPENS WHEN A PARTNER DIES FIND THE BEST RATE OF INTEREST FOR NEW BUSINESS START-UPS
Solution – Distinguish between operating as a sole trader and a partnership. ,[object Object],[object Object],[object Object],[object Object]
The Company ,[object Object],[object Object],[object Object],[object Object],[object Object]
The capital of a company ,[object Object],[object Object],[object Object]
Private company (Ltd) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Public company (plc) ,[object Object],[object Object],[object Object],[object Object],[object Object]
Private Sector Questions ,[object Object],[object Object],[object Object],[object Object],[object Object]
Franchises ,[object Object],[object Object],[object Object]
FRANCHISE a business arrangement where one firm pays for the right to trade under the name of another FRANCHISER - the business which sells the right to trade using its name to others, eg, McDonald’s, Hertz FRANCHISEE - the person who buys the right to trade using the name of the mother company
franchise ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Why buy a franchise? ,[object Object],[object Object],[object Object],[object Object]
Why sell a franchise? ,[object Object],[object Object]
DISADVANTAGES ,[object Object],[object Object],[object Object]
Why so popular? ,[object Object],[object Object],[object Object],[object Object]
Franchising - Question ,[object Object],[object Object],[object Object],[object Object]
Franchising - Question ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

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2 Private Ownership

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  • 16. FRANCHISE a business arrangement where one firm pays for the right to trade under the name of another FRANCHISER - the business which sells the right to trade using its name to others, eg, McDonald’s, Hertz FRANCHISEE - the person who buys the right to trade using the name of the mother company
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