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Four Business Types

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gareth1976 | 08:11 Sat 13th Nov 2004 | Business & Finance
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In setting up a business, what are the four main differences with the following forms of business: a Limited Company, a Franchise, a Social Enterprise, and a Co-Operative? Thank you...
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A Franchise is when you buy into the 'brand' of another large company. An example of this is McDonalds outlets. The owners of the outlets will have bought a 'franchise' from the larger McDonalds corporation.

A Limited company involves Directors. Not sure about others. hope that helps!

16:05 Tue 16th Nov 2004

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