EDEXCEL GCSE BUSINESS 1.4.1 OPTIONS FOR START UP AND SMALL BUSINESS (COMPLETE LESSON) 141
This lesson includes a PowerPoint and a worksheet and covers:
The concept of limited liability:
● limited and unlimited liability
● the implications for the business owner(s) of limited and unlimited liability.
The types of business ownership for start-ups:
● sole trader, partnership, private limited company
● the advantages and disadvantages of each type of business ownership.
The option of starting up and running a franchise operation:
● the advantages and disadvantages of franchising.
Written by Sarah Hilton for Revisionstation
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