Business partnerships are seen as an extension of a sole proprietor. It may happen when the sole trader wants to expand his business but needs additional capital. This lesson looks at the disadvantages and advantages of partnerships.
Up Next in Term 3
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Forms of ownership - close co-operat...
A Close Cooperation is a business owned by one to ten members. This form of ownership has to be legally registered with the government. This lesson looks at the advantages and disadvantages of this form of ownership.
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Forms of ownership - Companies
We look at public and private companies and their differences. This lesson looks at all the advantages and disadvantages companies have.
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FORMS OF OWNERSHIP- COMPARISON BETWEE...
We take a comparative look at the four types of ownership that exist. The aim of this lesson is for you to see the differences and sometimes similarities between the different types of ownership.
