Business Entities

Date: 2024

ISBN: 978-1-9256310-5-0

Format: A4, 2-page, Laminated Card

Description

The aim of this card is to provide students with a basic understanding of the main forms of business entities available in Australia. In particular, the topics discussed in this title include: (i) what is a sole trader?; (ii) advantages of a sole trader; (iii) disadvantages of a sole trader; (iv) what is a partnership?; (v) advantages of partnership; (vi) disadvantages of partnership; (vii) what is a joint venture?; (viii) advantages of joint venture; (ix) disadvantages of joint venture; (x) what is a trust?; (xi) types of trusts; (xii) advantages of a trust; (xiii) disadvantages of a trust; (xiv) what is an association?; (xv) advantages of an association; (xvi) disadvantages of an association; (xvii) what is a franchise?; (xviii) advantages of a franchise; (xix) disadvantages of a franchise; (xx) what is a company?; (xxi) advantages of a company; and (xxii) disadvantages of a company.