A sole trader - A self-employed person who owns and runs their own business. The business is not a separate entity and this person can sue or be sued. , A partnership - Is owned by two or more people. Details of how much each partner has invested and how profits or losses are shared are set out in the deed., A private limited company - Can be small or large business which has shareholders, who have a vested interest in the success of the business and usually receive a percentage of the profits., A public limited company - A larger organisation that is able to offer its shares to the public on the stock exchange, and is therefore also responsible to its shareholders, Third sector organisation - The range of organisations that are neither public nor private sector and are sometimes called "not-for-profit" organisations. ,

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