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External organisations

Businesses come into contact with a range of external organisations, including: CompetitorsSuppliers of services e.g. transport and communications suppliersProviders of assistance e.g. advisory bodies such...

Vision

Thevision of a company is an outline of what that company wants to achieve. A vision needs to promote aspiration and inspirestakeholders, both internal and...

Ownership

The owner of a business is the person who owns the business - i.e. has put the financial capital into the business and takes...

Types of businesses

The main types of business organisation in the private sector are illustrated in the chart below: Criteria For Judging The Success Of Business Businesses come in...

Types of business organisations

Types of business organisation The main types of business organisation in the private sector in the UK are: sole traderspartnershipscompaniesfranchises. The sole trader The sole trader is the...