Types of companies

wholesale arrangements globally. The company became notorious for the use of the “FCUK” initialise in its advertising campaigns in the early 2000s. Marks introduced the French connection label in 1972 and four years later showed its first menswear collection. Source:'FCUK',

products. Unisef is a business that is public sector they are not there to make money but the they are to here to help other people in conflicting country’s and it is a nom profit organization the business is a corporation. Business types The different business types and scale explanation ➢ Local is when the business is in only one place for example like a kiosk next to your house. ➢ National is when the business is in just 2 pleases around the world. ➢ International /global is when a business

the company can be held liable for the debts, how and obligations of the organization ("Advantages and disadvantages of the company",

is different in its own special way, but no matter what type of business it is, a sole proprietorship, a general or limited partnership, a C or S corporation, or a limited liability it will still be affected in some way by seven basic characteristics. The characteristics of business; liability, income tax, longevity or continuity, control, profit retention, location, and convenience or burden. In this paper a description of each business type and how they are affected by the seven characteristics

liabilities for the company. This type of partnership is created by agreement, estoppel, and proof of existence. The partners or owners are all personally liable for any debts and legal actions that the business may face. In a general partnership all partners have the ability to actively control or manage the partnership. Ultimately, each partners has “agency authority “on the partnership, which means that any partner can legally bind the partnership to a contract. Limited Partnership: this type of partnership

report) Part B (The memorandum) Student Name Western Governors University Part A (The report) Determining what type of business venture to either start or invest in can be challenging. Over the next several pages we will evaluate the various types of business organizations and at the end of this report; you should have an initial or better understanding of the different types of business forms. Sole Proprietorship: The word proprietorship can sound intimidating. It is important to remember

Part A (The Report) Sole Proprietorship A sole proprietorship is the most common form of forming a business in the United States. The individual that forms the sole proprietorship and the business is one in the same. For example, if the business owes creditors money, the individual who created the sole proprietorship business has to pay the bill. When entering into contracts the individual is actually agreeing to the contract since the person and business is one in the same. The biggest advantage

The most common types of ownership are: - Sole Proprietorship - Partnership - Limited partnership - Limited Liability Company (LLC) - Corporation - Nonprofit Corporation - Cooperative After to choose ownership type, advantages and disadvantages of entrepreneurship should be considered and compared. Then the entrepreneur has to decide that he/she has the responsibilities

HOLDING COMPANY A holding company is a parent company that owns sufficient voting shares in a company to control its management, governing policies. A holding company buys or otherwise obtains a majority percentage of stock in a company, which becomes and known as subsidiary company. Sometimes a pure holding company distinguishes itself by adding "Holding" or "Holdings" to its name. As per company law, a company which is controlled by another company is called as a subsidiary company and the company

Question 1 (a)Mayne Pharma is a Public Company founded on 1845 and it was named FH Faulding & Co then. (b)There is a common understanding why is Mayne Pharma a public company. The company is limited by shares. Those shares are publicly traded in Australian Stock Exchange. The company have a set of board of directors, each of them have umpteen experiences in their industries and their special responsibilities towards the company. (c)The net assets in their 2013 statements of financial position