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Advantages | Disadvantages |
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financial strength, more start-up capital | unlimited liability |
shared responsibility | slower decision making |
less pressure | disagreements & conflicts |
Private Limited Company:
Advantages | Disadvantages |
---|---|
limited liability | more legal restrictions |
higher capital, expansion capacity | corporate taxes |
no limit on the number of shareholders | profit has to be shared among many people |
Public Limited Company:
Advantages | Disadvantages |
---|---|
limited liability | vulnerable to takeovers |
more capital, expansion capacity | value of shares can go down |
shares can be bought and sold easily | rules and restrictions |
value of shares can increase | expensive to set up |
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Social Enterprises: Revenue generating businesses with social objectives at the core of their objectives
Consumer Cooperatives | Worker Cooperatives | Produces Cooperatives |
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owned by the customers who buy the goods and/or services for personal use | set up, owned, and organized by their employee members | join and support each other to process or market their product |
Advantages | Disadvantages |
---|---|
incentives to work | limited sources of finance |
social benefits | slower decision-making |
public support | limited promotional opportunities |
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Advantages | Disadvantages |
---|---|
job creation | limited finance |
social well-being | limited eligibility |
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Advantages | Disadvantages |
---|---|
more productive while also proving merit goods | government must support financially when costs increase for the business |
conflict between public & private sector intents & goods |
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Advantages | Disadvantages |
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social benefits | bureaucracy |
tax exemptions | charity frauds exist |
public recognition | limited sources of finance |
limited liability | disincentive effects |
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