sole traders, partnerships, social enterprises and franchises Flashcards
1
Q
what is incorporated
A
incorporated business are business that have a seperate legal indentity from their owners, theyre owners are share holders, they are know as limited companies
2
Q
what is unincorporated
A
business that have no legal distinction between them and their owners, everything is carried out in the owners name, these tend to be small business
3
Q
what are sole traders
A
traders which
