457432
Descrição
Mapa Mental por stewart_megan23, atualizado more than 1 year ago
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Criado por stewart_megan23
mais de 10 anos atrás
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Public Limited Company (plc)
- Shares are available to the public via the Stock Market
- There must be a minimum of 2 shareholders and £50,000 share capital
- A Memorandum of Association and Articles of Association have to be produced
- They state the company's details, responsibilities
of directors and shareholders' rights
- They state the company's details, responsibilities
of directors and shareholders' rights
- Owned by shareholders
- Controlled by a board of directors
- Advantages
- Huge amounts off finance can be raised
- Plc's often dominate their markets
- Easy to borrow money from
lenders due to their larger size
- Huge amounts off finance can be raised
- Disadvantages
- Set up costs of company may be high
- Must abide by the Companies Act
- No control over who buys shares
- Must publish annual accounts
- Set up costs of company may be high
- Finance
- Profits from previous years
- Bank Loan
- Selling shares to public
- Bank Overdraft
- Issuing Debentures
- Government Grants
- Debt Factoring
- Trade Credit
- Profits from previous years
- Objectives
- Maximise profits
- Expand output
- Grow
- Higher sales revenue than previous
- Dominate their market
- Have a strong image
- Maximise profits
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