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The three main ownership types

The three main ownership types

A start-up can operate as a sole trader, a partnership or a private limited company. The choice affects who owns the business, who controls decisions, how profits are shared, how much finance can be raised and whether the owners have unlimited or limited liability.

1.4.1b Types of business ownership for start-ups Lesson

  1. GCSE
  2. /Business
  3. /1.4.1b Types of business ownership for start-ups

Step-by-step lessons on Edexcel GCSE Business 1.4.1b Types of business ownership for start-ups. 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.

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