Types of businesses: Enterprise

Types of businesses
enterprise

Table of Contents
INTRODUCTION ..........................................................................................................................3
MAIN BODY...................................................................................................................................3
Explain three different type of existing business enterprise...................................................3
Distinguish between share capital and long term term debts with reference to a public limited
listed company........................................................................................................................4
CONCLUSION ...............................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
This respective report will analyze the various type of enterprises that includes soldier
soul trader partnership company which helps the further businesses to operate in an appropriate
manner. It is vital for the entrepreneur to analyze and examine the certain type of business why
which they can be operate in best enterprises. When the business is being run by the single
individual then it is called sole proprietorship where is partnership comprises of two or more in
the nature and company can be integrated with unlimited people. They take capital from different
form and long term debt in context with the long term source of finance.(Ashmarina and Vrbka,
2019).
MAIN BODY
Explain three different type of existing business enterprise.
There are various types of businesses that are sole proprietorship partnership and
accompanying are illustrated below:
 Company: It is defined as a type of business that is having a separate legal entity apart
from the manager and the owner. A company can be Built-in certain ways in certain ways
by paying tax or its intentions for paying the liability in the form of finance which is
completely depend on the corporate law and it's fulfillment. For instance, Amcor Plc
organization is having unique identity with the other people that are working and they are
having limited liability proposed with them(Lawrence, Wong and Molteno, 2020).
 Sole proprietorship: It is defined as a venture that needed one individual to carry out the
operations and related functions as well. All the liabilities is being incurred by the sole
trader only. All the profits also been shared by the individual proprietor is having no
identity apart from its sole owner as all the business is carried out by the one person. For
example, A&W company is the trading firm which is based in UK and enjoying the
facilities of sole trader Which also offered them to take ride to season on their own
without any delay and discussions with that other person. There is no communication
barriers in such cases that it improved the efficiency Nd effectiveness of the people
working and making thr best use of its resources.