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Explain the Features and Responsibilities of 6 Different Business Structures
Limited Liability Companies LLCs Non-profit businesses. You can protect your brand. 8 Types Of Organizational Structures Downloadable Org Chart Templates Pingboard Blog Owner of the business entitled to keep all profits but liable for all losses. . 13 Describe the features of different types of legal structures for organisations As explained previously a Private Sector can be a Sole Trader a partnership or a Limited Company. The modern business world features different types of organisations each set up to serve a unique purpose and to meet the various needs of the societies within which they operate. All partners must submit a self-assessment tax return. The business can retain profits. The structure of an organization will determine the modes in which it operates and performs. Risks to own property. This structure is suitable for two or more partners that will share the responsibility of the business and...
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