forms of business

• What is the definition of business forms?

  The legal structure that it takes to become a sole trader or partnership etc
• What is a social enterprise?

  A business that trades for a social and/or environmental purpose
• What is a lifestyle business?

  A business that aims to provide great quality of life for the owner
• What are advantages of an online business?

  Easy to set up

  Available 24/7
• Public limited company?

  Is a business with limited liability whose shares are publicly traded

  Can raise public profile of the business - challenges competitors

  Can finance research and development costs and raw materials due to increased capital