Business Planning Flashcards
1
Q
What is a limited company?
A
Shareholders 50-50 ownership share/split dilutes over time through investment. A private company (LTD) whose owners are legally responsible for its debts only to the extent of the amount of capital they invested.
Corporate Veil – separate legal entity
2
Q
How does your role help the business achieve it’s objectives
A
Provide a service acting on behalf of the Department of Levelling Up, Housing & Communities in regards to providing accurate rating valuations for business rates purposes in accordance with the Check, Challenge and Appeal process in England…