In this section you will learn -
primary, secondary, tertiary and quaternary sectors businessesÂ
the main features of different types of business ownership: sole traders, partnerships, private limited companies, public limited companies, franchises, co-operatives, joint ventures and social enterprisesÂ
the appropriateness of different types of business ownershipÂ
the concepts of unlimited liability and limited liability and their importanceÂ
the advantages and disadvantages of changing from one type of business ownership to anotherÂ