Why ownership may change
Why ownership may change
Sole trader and partnership ownership often suits a start-up because it is simple and lets the founders retain control. As the business grows, the owners' savings, retained profit and borrowing capacity may no longer provide enough finance.
Step-by-step lessons on Edexcel GCSE Business 2.1.1c Ownership for growing businesses. Each one builds up to exam-style questions. Start by mastering business terminology and the functional areas (marketing, finance, operations, HR) before moving on to the extended, evaluation-heavy questions that carry the most marks.