Legal structure
of a business
Produce a factsheet that describes
the different legal structures.
Compare:
Sole trader
Partnership
Private limited company
Public limited company
Franchise
In terms of what they are; owners, liability, what
happens to profits, how they are funded and who
controls them
Registration of a business
Draw a flow chart to show the process
a business must go through to be a
able to trade, to register itself as a
business
Explain each stage