(P2) Describe the different types of business ownership, linking this to the size and scale of four different organisations
Continuing with the groups you were in for P1 - Using the four businesses you chose, you are required to design a leaflet.
For each business you must identify:
a. The business ownership/type (e.g. sole trader) and the advantages and disadvantages of that type of ownership
b. The size of each business, including a brief justification of reason for choice i.e. number of employees
c. The scale of each business, including a brief justification of reason for choice i.e. number of branches
(M1) Contrast the ownership and purposes of two different business organisations
You are required to select two different businesses and create a report that compares the following areas:
1. Purpose
2. Ownership/Type
3. Size
4. Scale
Your chosen businesses must have different purposes, size, legal structures and scale.
Include subheadings for each area
Under the subheadings you should discuss the area of each business and then a paragraph to compare the two.
M1 Extra Help:
Purpose: Supply of goods and services e.g. at a profit, free, at cost, for sale below cost
Ownership/type: Sole trader; partnership; limited companies (private [ltd], public [plc]); charity; voluntary organisations; co-operatives; government
Size: Small; medium; large
Scale: Local; regional; national; European and global organisations
The final completed report should contain:
Front Page
Content Page
Introduction
Clear titles and subtitles
Summary
References – alphabetical
Header with Name, ID, Criteria chosen
Footer with Page Number and Unit number/ Title
Business 1
Business 2
1. Purpose
2. Ownership/Type
3. Size
4. Scale