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Sole TraderAdvantage: Sole trader gets all profits.Disadvantage: Nobody to give you help.
Do you need your windows cleaned?
Can you help me clean windows? My business is getting too big for just me!
PartnershipAdvantage: Somebody to help youDisadvantage: Damages total profits
No problem, Johnny
My business is going fantastically!
I would like to buy shares in your business.
Private Limited CompanyAdvantage: Family controls businessDisadvantages: Sole person won't have full control
You become the 4th shareholder
You can use our business name!
FranchiseAdvantage: Name becomes more popularDisadvantage: Lack of control.
Public Limited CompanyAdvantages: Anybody can buy shares.Disadvantages: Potential loss of control.
Over 12 Million
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