Business

1. Make a copy of this document.
2. Rename it by adding your name to it
3. Save it in your Business folder and share with me.
4. Once it is checked and given the ok, you can post it in your Blogg.

Write a blogg post about what you have learnt in Business Studies so far.

You should write about:

The types of businesses

Why businesses are important.

The types of Businesses:

Sole Trader is the simplest form of business structure and is relatively easy and inexpensive to set up. As a Sole Trader you will be legally responsible for all aspects of the business.

Partnership is the state of being a partner or partners

Private  Limited Company is a type of privately held small business entity, in which owner liability is limited to their shares, the firm is limited to having 50 or fewer shareholders, and shares are prohibited from being publicly traded.

Why Businesses are important?

Businesses can provide new brands,new foods and even new transportations.Businesses can give other people opportunities to put their skills to useful work. They provide social services and provide social help.