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Private-Sector Firms

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Business Studies GCSE

Part of the book series: Macmillan Work Out Series ((MCWO))

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Abstract

A private-sector business is one which is not owned by the Government. Apart from co-operatives, which are described in Section 4.8, there are four types of legal structure for privately-owned businesses:

  1. 1.

    Sole Trader.

  2. 2.

    Partnership.

  3. 3.

    Private Limited Company (Ltd).

  4. 4.

    Public Limited Company (PLC).

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© 1989 Gerry Gorman

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Gorman, G. (1989). Private-Sector Firms. In: Business Studies GCSE. Macmillan Work Out Series. Palgrave, London. https://doi.org/10.1007/978-1-349-13832-6_4

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