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Sole trader
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One person or more people own and manage the business
Partnership
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Two or more people own and manage the business
Private limited company
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Several people (shareholders), often family or friends, own a part (a share) of the company
PLC - Public limited company
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A join venture between a local entrepreneur and well - established business
Franchise
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A large company; anyone can buy or sell its shares on the stock market
NPO - non - profit organization
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A charity or cooperative usually managed by a board of directors
Business plan
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The written strategy for company
Interest rate
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The percentage that banks charge to finance projects
Register a business
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Put information about a company on an official list
Venture capitalist
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People or organizations who invest in new business
Borrow capital
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Receive money with a promise to pay it back
Official paperwork
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Goverment or administrative documents
Business loan
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Money from a bank to start or help a company
Corporate lawyer
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A specialist in company law
Return on investment
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The profit on money that was used to buy something
Start - up companies
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Small new business
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