Difference between revisions of "Types of business entity"

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(Created page with "A '''business entity''' is an organisation that sells products or services, often with the intent of making a profit. Some examples include: *Ltd (Private company limited by...")
 
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A '''business entity''' is an organisation that sells products or services, often with the intent of making a profit.
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A '''[[BusinessLy|business]] entity''' is an organization that sells products or services, often with the intent of making a profit.
  
 
Some examples include:
 
Some examples include:
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*PLC (Public limited company)
 
*PLC (Public limited company)
 
*LLP (Limited liability partnership)
 
*LLP (Limited liability partnership)
*NFP (Not for profit company) Any surplas profit is re-invested back into the company and its services.
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*NFP (Not for profit company) Any surplus profit is re-invested back into the company and its services.

Revision as of 04:36, 24 September 2022

A business entity is an organization that sells products or services, often with the intent of making a profit.

Some examples include:

  • Ltd (Private company limited by shares)
  • PLC (Public limited company)
  • LLP (Limited liability partnership)
  • NFP (Not for profit company) Any surplus profit is re-invested back into the company and its services.