Public Sector - Those organisations which are run and funded by government, generally for information, support and guidance, not for profit, Private limited company - Small to medium businesses often run by a family or small group of friends, Partnership - two or more people (up to 20) running a business together, Cooperative - Owned and run by members who get a say in decisions but as all members are consulted, decisions take a long time, Private Sector - Organisations which exist to make a profit are not government controlled, Consultancy - Could be any type of business, they provide expert advice when businesses don't have the skill to complete the task or project, Public Limited company (PLC) - A company whose shares are purchased by the public, Sole Trader - A person who has single ownership of the business,

Types of Business Ownership




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