Types of Companies: Small, Medium, Large, Sole Proprietorship, Partnership, LLP, PLC, Cooperative

Types of companies
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Table of Contents
Introduction......................................................................................................................................3
Section 1...........................................................................................................................................3
Different types of businesses......................................................................................................3
Section 2...........................................................................................................................................5
Different types of organisations..................................................................................................5
Section 3...........................................................................................................................................6
Different organisational structures .............................................................................................6
External factors affecting businesses..........................................................................................8
Conclusion.......................................................................................................................................9
References......................................................................................................................................10
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Introduction
Structure of a business organisation defines its operations and environment (Andersson
and et.al., 2018). This report has been prepared for Google LLC (Popularly known as and also,
herein after referred to as only Google) and presents various types of organisation that, it will
have to deal with. Google is an American multinational company operating in technology
business and specialises in internet-related services and products. It offers variety of services
including search engine, cloud computing, online advertising, etc. This report discusses various
types of businesses according to size such as small and large businesses, different forms of
organisation on the basis of incorporation such as partnership, company, etc. and various
organisational structures such as functional, divisional, etc. Impact of organisational structures
and external environment over Google are also discussed.
Section 1
Different types of businesses
In UK, it is the Companies Act that has defined micro, small, medium and large sized
businesses (Kachlami and Yazdanfar, 2016).
Small and medium sized enterprises - Most innovative and new business ideas start from
being small ventures and gradually progress to make it big. Small and medium size enterprises
are together called SME.
 Micro business – Those businesses which have less than 10 employees and whose
turnover is under £2 million are micro businesses in UK. For example, Boss Brewing
Company.
 Small business – Those businesses which have less than 50 employees and whose
turnover is under £10 million are small businesses in UK. For example, CafePod
Coffee Co.
 Medium size business – Those businesses which have less than 250 employees and
whose turnover is under £250 million are medium size businesses in UK. For
example, Verdant Leisure.
Characteristics of SME: Few characteristics of SME are mentioned below:
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