Question #214854
Construct a table to show the various legal statuses of businesses (such as PLC, LTD, Registered Charity etc) salon beauty may adopt. Identify the relative strengths and weaknesses of these legal statuses.
Expert's answer
The legal statuses of businesses include
- Sole Trader
- Partnership
- Limited Company
- Limited Liability Partnership (LLP)
- Community Interest Company (CIC)
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