Business ownership

Explore Business ownership: understand sole traders, partnerships, franchises, limited companies, and learn about business sizes and startup reasons.

Sole trader business ownership: Discover the pros and cons of being a single owner with full control and responsibility

Partnerships in business: Learn about ownership, control, decision-making, finance, and liability. Discover the pros and cons, like shared responsibility and unlimited liability.

Franchising explained: understand ownership, control, decision-making, finance, and liability from both franchisee and franchisor perspectives. Explore pros, cons, and take a quiz.

Learn about private limited companies: discover what they are, their benefits like limited liability and shared ownership, and how they compare to other business types.

Public limited companies (PLCs): learn their characteristics, pros, and cons, and compare them with LTDs on BBC Bitesize.