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First state the defintion of a private limited company. This is guaranteed marks. Def: A type of company that offers limited liability, or legal protection for its shareholders but that places certain res...

Bruce Tuckman (1965) suggested a four stage process by which teams will progress through in order to reach their most successful state. The four elements of this model consist of; forming, storming, normi...

With high initial setup costs and a lack of a steady revenue stream, it is a common situation for a new business to encounter cash flow problems while waiting for funds from its debtors to arrive. An over...

A limited company can be either public or private and its main advantage is that it's incorporated status gives the owner a form of protection meaning that their legal identity and the companies legal ide...

The main factor resulting into reduced benefits of taking out a franchise for an independent sole trader is the loss of total control. By taking out a franchise, there is a loss of independence in decisio...