Advantages and Disadvantages of a Public Limited Company

What is a Public Limited Company? A Public Limited Company is a business that has decided to offer it’s shares on the public stock market. The Stock Market is where anyone can invest in a Public Limited Company. These are usually high value, large businesses that can have massive profits, and offer dividends to those who invest. In order to become a Public Limited Company, PLC, you need; At least two directors. A Secretary And you must float at least $50,000 shares on the stock exchange, to become a PLC. Unlike other businesses, a PLC is often owned by a… Continue reading Advantages and Disadvantages of a Public Limited Company

Understanding Different Business Types

There are many business types of organisation, these all have their advantages, so it is important to know which is better for which task, otherwise a company may find some aspects harder than they should be. The main business types are; Business Types [icon name=icon-building] A Sole Trader is a business owned by an individual, It can have many employees. Common sole traders could be corner shops or man-with-van businesses. A Partnership is a business owned by two or more people (usually up to 20), the ownership of the business is split between them. A partnership may be a small manufacturing company or some… Continue reading Understanding Different Business Types