Types of Company and Business Structure

Types of company

Table of Contents
INTRODUCTION...........................................................................................................................4
TASK 1............................................................................................................................................4
Different types of companies and how they work......................................................................4
TASK 2............................................................................................................................................7
TASK 3............................................................................................................................................9
Business Structure.......................................................................................................................9
REFRENCES ................................................................................................................................12
Books and Journal.....................................................................................................................12

INTRODUCTION
A company, is a legal and authorized entity which shows an relation and connections of
individuals , whether its formal or natural with a aim of making money and with the particular
objectives and aims. This report is going to explain about the types of the business which
considered small business, medium size business and large size business (Li, 2020).This report
is also going to explain about the external factors which create impacts on the business in context
of their growth and development in the market. In this report, the pestle analysis of TESCO has
been going to conducted. TESCO is a multinational retail company that sales and trade clothes,
shoes, groceries, furniture and many more products.
Main Body
TASK 1
Different types of companies and how they work.
Small business:
Small business are privately owned companies or partnership that have less workers or
less annual revenue is compared to regular size business or company. Small business in several
countries or Nation in wall services or retail operations like convince in stores small grocery
stores, bakeries, guest house, and many more (Kahn, 2018). Small business that functions on a
small scale level and include less number of labors is also known as small business small scale
industries are the kind of industries which produce products and services on small scale level.
Characteristics of small business:
There are several types of characteristics which represent the small scale company. The
characteristics of small business pension below
Lower revenue and profitability small scale business revenue is generally less than as compared
to the larger scale. Lower revenue does not represent or translate into less profitability it support
the company to keep cost less than more leveraged company. Small team of employees workers
small scale business considered a small team of workers as compared to larger scale company.