On this assignment i will discussing about the different ownership from two different company based on their sector, the purpose of the business,advantages and disadvantages and the performance of the business. The two businesses that i would focusing on this unit would be carphone warehouse and dog trust Carphone warehouse is telecommunication retail company which retail mobile phone,it has over 1,700 store across europe country.Carphone warehouse was founded in 1989 ,The CEO of carphone warehouse
selskap, “IS”), Limited liability company (Aksjeselskaper, “AS”), General partnership (Anvarlig selskap, “ANS”). Recently, Silent partnerships are becoming more attractive than the KS
whether to set up as a sole trader, partnership or as private limited company. The client is currently confused about the sources of finance that could
the status of a company from a Private to a Public company? Bimbi Fashion Pty Ltd has decided to change company type from a proprietary company to a public company due to wanting to raise funds. Under chapter 6D of the Act, a proprietary company cannot engage in fundraising activities that also require a disclosure to the company’s investors. A public company, however, is able to undertake fundraising activities. Bimbi Fashions Pty Ltd are required to convert to a public company in order to reach
This paper examines the type of corporation which meets James’s best interest. Abstract This paper examines the type of corporation which meets James’s best interest. A company can be set up with or without shares available to the public, divided into the public company which is expensive to obtain and maintain, and the private company which is appreciated by most businesses to begin with. Also, there are limited and unlimited companies. In addition, a company can be classified as limited
limited company and private limited company. _ Difference Company is defined as a legal entity which is allowed by legislation and permits a group of people to run a business. Finance is the basic ingredients of a business. Without cash a business can not run.various sources of finance helps a business to grow and to fulfill it’s need of wages, advertising, expansion, payment of interest etc. Different sources of finance are used depending upon their maturity period. To built a company not only
Debenhams is a British multinational retailer operating under department store format in the United Kingdom and Ireland with franchise stores in other countries. The company was founded in the eighteenth century as a single store in London and has now grown to 178 locations across the UK, Ireland and Denmark. It sells a range of clothing, household items and furniture and has been known since 1993 for its 'Designers at Debenhams' brand rangDebenhams traces its history to 1778 when William Clark established
Task 1 Part A (the report) LIT 1 SOLE PROPRIETORSHIP: Has only one owner. Easy to start up. Some of the advantages are: owners may do whatever they want to with the business and if they want to go on vacation they can. One of the disadvantages they cannot bring in another person to help run the business. This business form is particularly common. • Liability: The owner has unlimited liability. When the business fails it is up to the owner to pay all the creditors off. • Income Taxes:
On chapter 17 “Small Business Organizations” we learnt about the different types of small business organizations at the eye of the law, sole proprietorship, partnerships and franchises. We’ll focus on the first as it’s the one related to the Case at law we’ll review later. A sole proprietorship is a business owned and operated by one person which is not registered as a corporation or a limited liability company, there is no legal distinction between the individual and the business owner which means
are three types of business ownership, namely sole proprietorship, corporation, and partnership. A single entrepreneur can own several businesses under different types of ownership. However, a single business cannot take a different form. Each type of ownership is best for a particular situation or purpose, for example in respect to liability, capital, and the ability to control profit and loss accounts. Therefore, the dynamics of commercial business lies in understanding the three types of business