INTERACTIVE VIDEO
OVERVIEW
Businesses come in various sizes, industries, and ownership structures, ranging from a single owner to large corporations with numerous shareholders. Deciding which type of ownership structure can influence a business's tax payments, profit sharing, and the owner's personal responsibility or liability in case of losses or bankruptcy.
In this interactive video, we will focus on the three common types of ownership structures in the United Kingdom: sole traders, partnerships, and limited companies. We will discuss the advantages and disadvantages of each of these in future videos. Additionally, we will explore two similar businesses: one incorporated and one unincorporated business, both with different types of liability.
By the end of this video, you will have a good understanding of the different types of business ownership structures, their advantages and disadvantages, and how they can impact a business's liability and control. It’s time to dive into the fascinating world of business ownership structures!
CASE STUDY ANALYSIS
THE CURIOUS CAT CAFE
THE CURIOUS CAT CAFE
Teacher Resources
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