Private Sector Organisations
Organizations in the private sector
Sole trader
Partnerships
Private limited company
Public limited company
Co-operatives
Aims of organisations in the private sector
Sole traders
- Make profit or survive in recession
- Make all decisions
Partnerships
- To make profit
- Get more money and ideas
Private limited companies
- Limited liability and make profit
Public limited companies
- Raise large capital
- Earn profit for the shareholders
Co-operatives
- Help each other
- Share profits equally
