Types+of+business+organisations

__Types of business Organisations__

Boots is a public limited company, as it is a company which offers it's shares to members of the public .. Boots is set up to allow members of the public to buy their shares that they provide, in order to make a profit for themselves as a company. To make boots successful, alot of money & work has to go into the business in order for members of the public to shop there & buy their goods. Although Boots have to pay out money to allow their business to run successfully they do manage to make a good profit for their business. Being a public limited company has it's advantages & disadvantages. The advantages of being a public limited company include: Being able to raise a big sum of money, public limited company's are also more likely to dominate the market. Another advantage for boots for being a public limited comapny would be the fact that it is easy to borrow money due to their large size as a company. Boots will also have a limited liability. As well as having it's advantages of being a public limited company, it also has it's disadvatage's, these include : The set up costs are considerably higher, they have no control over who buys their shares, they must also publish annual amounts. Boots must also abide by the comanies act. Boots would be at a big advantage raising a big sum of money as they will be able to expand their business & open more stores around the Uk, which will ensure they raise more money & become even more successful as a business as a whole.