Types of Companies

Types of Companies

Table of Contents
INTRODUCTION.......................................................................................................................................3
MAINBODY...............................................................................................................................................3
Section 1......................................................................................................................................................3
Different kinds of companies & how they work......................................................................................3
Section 2......................................................................................................................................................5
Different companies from sole traders to cooperatives and Limited Liability Partnerships.....................5
Section 3......................................................................................................................................................5
Various organizational structures & how organizational structure affects business productivity............5
Using PESTLE analysis explain how different external factors affect the performance of a business.....6
CONCLUSION...........................................................................................................................................8
REFERENCES............................................................................................................................................9

INTRODUCTION
In this current scenario, there are various types of companies are working their operations
all around the United Kingdom like Micro, small, medium and also large scale businesses.
Entrepreneurs started their businesses with the innovative mindset and use their extra ordinary
skills to formulate specific types of companies, at the initial level company status is micro and
after the hard work and continuous working entrepreneurs improving their company size (Al
Mamun and Hasan, 2017). Entrepreneurs have a choice to start their company on a specific
business structure like sole proprietorship, partnership firms, cooperative and public limited
liability business and many more. The main concern of this project is to discuss various type of
companies and also business structure, identify various type of organizational structure and
determined that with structure is more suitable for the company and also determine the impact of
macro factors on the business. Burberry Company is selected to determine the organizational
structure & conduct PESTLE analysis.
MAINBODY
Section 1
Different kinds of companies & how they work.
In UK, there are various kinds of Companies which are playing a remarkable role to improve
the economical situation of the country. Some specific types of companies are micro, small,
medium & large companies. All these companies are container specific motive to serve the
society and also evolve the living standard of the local communities and social people. These
companies are differentiate on the basis of their scale and size and also considered some
appropriate characteristics. Explanation about the various types of companies and its
characteristics are discussed below-
 Micro businesses - These kinds of companies mainly established by those entrepreneur
who wanted to start their business with their creative thinking. UK government initiated
various types of schemes and also policies so that entrepreneurs can effectively start their