vidarshanaperera1979 vidarshanaperera1979

01-12-2019
Business

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What are the advantages and disadvantages of a business being a private limited company instead of a partnership

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shawnG78 shawnG78

01-12-2019

Answer:

Private limited companies are owned by shareholders and managed by directors. They carry limited liability for business debts, which reduces personal risk. Choosing the correct business model must involve consideration of tax and legal advantages of each type of entity.

Explanation:

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