Types of Company

Types of
company

INTRODUCTION .....................................................................................................................................3
TASK 1....................................................................................................................................................3
Different types of companies.............................................................................................................3
TASK 2....................................................................................................................................................4
Different companies from sole traders to cooperatives and Limited Liability Partnerships..............4
TASK 3....................................................................................................................................................6
Consider different business structures and how external factors affect businesses..........................6
CONCLUSION.........................................................................................................................................7
REFRENCES............................................................................................................................................8

INTRODUCTION
A company is the set of management of business that leads to the various
sort of segments that concentrates on the manner of the business goodwill, liability
and its individuals. It is a structure that includes the various sectors of companies
which involves the public sector, private sector companies that are having their share
capital and community interest company. The entrepreneurs and small business
owners are having the various mannered opportunities to start a new business of
management with selective benefits (Soewito, Andhika, 2019). This report includes
the different forms of business termed as micro business, small business, medium
size business and large size business. As it also discussed the quora of different
companies from sole traders to cooperatives and Limited Liability Partnerships.
TASK 1
Different types of companies
As the company is virtually based on its liability, goodwill and its act that make
them different from other business of management. The company would be arranged
in a segmentation to manage their various techniques as for tax and monetary
liability determinations that depends on the business law of its authority.
 Micro business : The micro business is a set of community that are having
fixed number of individuals in the business of management. The tax policy
that the company have to pay on the remunerations of micro business that are
theoretically not mannered it more inversely as than any other segment of
business. The company that are consider in this quora of business is Café
Pod Coffee. They have less than 10 individual also including the owner of the
company.
Characteristics
Willing to take risk : The micro business have their well acquired policy to manage
their issue and problems in the business of management. It might be important to
investing their own money when getting a return that is so accurate from assured
(Bacouel-Jentjens, Yang, 2019). As there is immense dissimilarity in recognising a
prospect in the market and follow it.
Concentrates on accomplishing targets : It includes the diminutive set of terms
that initialise the medium term and long term objectives. It might frequently
analysing the growth and development for managing the sort of regulations in
business.
Confident, Enthusiastic, and Passionate : As the successful micro business
holders that are good at encouraging other individuals in their management like
customers, individuals, management associates, contractors and many more.
Small business : It is privately owned corporations, partnerships and sole
proprietorships that have number of individuals employees and also have less yearly
profits than the normal sized business of management (Skobelev, 2017). The
company that are consider in this quora of business is Seyit Décor limited.