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A Private Limited Company

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A Private Limited Company
A private limited company (LTD) an business owned by its shareholders, the advantages of owning a private limited company is that owners may have limited liability, more capital and unlimited amount of shareholders. Additionally, private limited organisations may still continue to operate efficiently if a shareholder (owner) dies, all the shares can be transferred to answer owners.
Stating this there are aspects that limits LTD’s, the disadvantages of owning a private limited company could be that the shares are equally divided amongst their shareholders. Furthermore, LTD’S are unable to sell their shares to the public; as a result it affects how much capital they make. In addition, Public limited companies are liable to business taxes such as corporate tax which limits them on how many revenue they make, this is considered as a disadvantage to LTD’S.
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