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Business in the Real World - Deep Dive 3: A Deep Dive into Business Ownership
Manage episode 458836601 series 3628695
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Episode 3: A Deep Dive into Business Ownership
In this episode, we explore the various types of business ownership, including sole traders, partnerships, and private and public limited companies. Learn about the benefits and drawbacks of each structure, focusing on how they impact liability, control, and the ability to raise finance.
We also delve into not-for-profit organisations, explaining their unique role in benefiting society rather than generating profits. Using relatable examples, we illustrate how businesses, from small ventures to major corporations, choose the ownership structure that suits their needs and evolves over time.
Perfect for GCSE Business Studies students, this episode provides real-world insights and practical knowledge to help you master the foundations of business ownership.
Credits: Audio and AI assistance powered by Google Notebook LM.
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