Different Legal Statuses of Business and Sources of Finance

This document provides an overview of the different legal statuses of business and sources of finance for startups. It discusses the benefits and drawbacks of public limited companies, private limited companies, and registered charities. It also explores short-term, medium-term, and long-term sources of finance, including cash credit, customer advances, debentures, borrowing from banks, equity shares, and retained earnings. Additionally, it identifies three sectors within the UK economy in which a business can operate.