Types of business entity
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Revision as of 12:01, 26 January 2021 by Landihan (Talk | contribs) (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...")
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 shares)
- PLC (Public limited company)
- LLP (Limited liability partnership)
- NFP (Not for profit company) Any surplas profit is re-invested back into the company and its services.