External organisations

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

Stakeholders

A company has responsibilities to a wide range of interested parties, people who have a 'stake' in what the company does. A...

Vision

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

Ownership

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

Types of businesses

The main types of business organisation in the private sector are illustrated in the chart below:

Types of business organisations

Types of business organisation The main types of business organisation in the private sector in the UK are:

Public and private sectors

The main types of business organisation in the private sector in the UK are - sole traders, partnerships, companies and franchises. The...

Structure of organisations

Organisations are structured in radically different ways ranging from relatively fixed structures with positions, rules, and established chains of communication to dynamic...

Trends in ownership and control

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

Legal forms of business

There are a range of legal structures associated with different forms of business: 1. Sole trader businesses are the...