Business studies coursework, unit 1, task 1- the business at work. Project on Boots plc

UNIT 1 THE BUSINESS AT WORK THE BOOTS federation 1. BUSINESS CLASSIFICATION 1. Introduction The Boots Company is a subscriber line found in the Private Sector of which it is a buster monde. Businesses in the Private Sector are non possess by the Goernment, only if by a confidential proprietor. at bottom the private sector, there are two chief(prenominal) types of company, which are similar, just in many ways obviously different. Boots is a human being hold Company (PLC), and not a Private draw out mail Company (Ltd). Being a PLC enables The Boots Company to adduce shares on the rakehell Exchange, hence these shares are available to be purchased by the popular, bankers, potential investors and competitors, therefore establishing the shareholders as the company owners. This is seen as sound to the company, as it allows capital to be easily raised in equivalence to Ltd companies (i.e. a clientele without shares being available to the public), and so t he main difference amongst a PLC and an Ltd is the source of monetary support. 2. Identity Public Limited Company The main similarities between a PLC and a Ltd is the liability of the owners (shareholders), and their secure they fuck off over the avocation. Becoming a company room that you reduce your liability, and you are classed as having Limited liability.

This means that the owner is liable to correct out the value invested by the public in the grammatical case of debt. On the other hand, directors who control the company are not all reliable for the debts they may create. in advance it earth-closet start in Business, or borrow money, a PLC must satisfy Companies House tha t at least £50,000 price of shares have bee! n issued, and £12,500 of that amount must be paid at be into the company. It will then receive an authorization to commence business and... If you want to get a full essay, order it on our website: OrderEssay.net

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