COMPANY FORMS AND TYPES
sole trader/entrepreneur
(general) partnership
limited partnership
general partner
limited/sleeping partner
limited (liability)company,
Ltd,
incorporated company, Inc
public limited company, plc
co-op, coop,
consumers’ cooperative
a person who runs and owns a
business, and is the only one
responsible for it
an association of two or more
people who run a business
together
an association of one or more
general partners and one or
more limited partners
is responsible for the debts of
the limited partnership
is only responsible for the debts
of the firm up to the amount
he/she has invested in the firm
a company whose members are
only responsible for its debts up
to a limited amount, usually the
amount of unpaid shares
a company whose shares can be
bought on the stock exchange
a business owned by its
customers. They elect the
board of directors from amongst
their own number
- 1
subsidiary, a company of which at least half
daughter company is owned by another company,
called a parent or holding
company
a company of which more than
associate company
20 but less than 51 per cent of
the share capital is held by
another company
holding company, the leading company of a group
parent company that holds more than half of the
shares of the other companies
group a holding company together
with its subsidiary companies
a number of companies joined
conglomerate
together and run as a large
company
a company that has been bought
acquisition or taken over
a business concept in which the
franchise franchisor receives a royalty for
the usage of trade-mark and
controls the use of it