Company, A general term used to describe a business that makes money by producing or selling goods and services., A corporation, It is a large company or a group of companies that are controlled as a single organisation., Corporation, It can issue shares of stock to shareholders, and it´s managed by a board of directors. The term is commonly used in the US., Public Limited Company (PLC), It´s a company in the UK who trades can be freely traded on the public stock market., Public Limited Companies (PLC), They are required to fulfil specific regulatory requirements, including publishing financial reports, providing transparency to shareholders., Public Company, It´s a particular type of corporation. Ownership is divided into shares which are traded on public stock exchanges like the New York Stock Exchange or the NASDAQe, Public Companies, The structure limits the liability of its owners, (suffix 'Ltd´ for UK &Ireland, or ´Inc.´ for US.), Flat Hierarchy, There are few to no levels of middle management between staff and company executives. The direct communication and decision making is found across all levels of the organisation., Sole proprietorship, It is a business which is operated by one person. These offer the owner simplicity and full control., Partnership, It is a structure where two individuals or entities jointly own and operate a business.

Business Structures

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