I'm going to explain diferent forms of business ownership and his advantages and disadvantages.
In the private sector (business activity owned financed (not always) and controlled by private individuals).
We have diferent forms of business such as:
-Sole Traders
-partnerships
-Private Limited Companies
-Public Limited Companies
-Co-operatives
-Franchises
-Charities
Now, I will try to explain simply one by one that diferent forms of business.
The Sole Trader is owned, financed and controlled by one person but can employ other people, that kind...