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Advantages And Disadvantages Of Different Business Structure
Beginning of paper
There are many types of organisational structure a business may decide to adopt. This assignment will examine the four main different business structures and present the advantages and disadvantages of each one. The business structures that I will be examining are as follows:
The partnership
The Private Limited Company (LTD)
The Public Limited Co ....
Middle of paper
.... necessary, unless the business is registered for Value Added Tax (VAT). There is no requirement to register for VAT unless the taxable supplies to customers is equal to, or exceeds, the registration level. The registration level is currently £50,000 for a twelve-month period).
The main disadvantage for being a sole trader is the unlimited liab.... |
| Word count: 1827 |
Page count: 7 |
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