Public Limited Company Flashcards
1
Q
Public Limited Company
A
Incorporated business that sells shows on the stock exchange
2
Q
Liability
A
Limited
3
Q
Taxes paid
A
Corporation tax
4
Q
Advantages of owning a business as a public limited company
A
Easier to have large raise or share capital - better development and equipment
Media attention
5
Q
Disadvantages of owning a business as a public limited company
A
Media attention
Very difficult to set up and very expensive
All financial documents have to be available to the public - competition can see
6
Q
Ownership
A
General public buy into business
