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Types of Business Ownership Explained | Sole Traders, Partnerships, LTD, PLC and Franchise

68,682 views

Two Teachers

Video Language:

  • English

Caption Language:

  • {{captionLanguage | language_name}} ({{captionLanguage}})

Accent:

  • English (UK)

Speech Time:

96%
  • 10:39 / 11:02

Speech Rate:

  • 176 wpm - Fast

Category:

  • Education

Tags :

Intro:

Video Vocabulary

plumbers

/ˈpləmər/

noun other

person who fits and repairs pipes, fittings, and other apparatus of water supply. Worker who installs toilets, pipes etc. in building.

between

/bəˈtwēn/

adverb preposition

in space separating things. Among two or more people who share something.

typical

/ˈtipik(ə)l/

adjective

Normal; usual; expected.

partnership

/ˈpärtnərˌSHip/

noun

Working with others for some purpose.

proprietor

/p(r)əˈprīədər/

noun

Owner of a business as an individual.

structure

/ˈstrək(t)SHər/

noun verb

arrangement of and relations between parts or elements of something complex. To plan, organize, or arrange the parts of something.

options

/ˈäpSH(ə)n/

noun other verb

thing chosen. Rights to buy or sell at a certain price and time. buy or sell option on.

company

/ˈkəmp(ə)nē/

noun verb

Guests, especially in your home. associate with.

entrepreneurs

/ˌäntrəprəˈnər/

noun other

person who sets up business or businesses, taking on financial risks in hope of profit. Businessperson who develops new businesses.

freedom

/ˈfrēdəm/

noun

State of being free, not being controlled.

limited

/ˈlimədəd/

adjective verb

(Of a company) with a limit of financial liability. To stop or prevent an increase past a point.

liability

/ˌlīəˈbilədē/

noun

Something that is owed to someone else, e.g. debt.

startup

/ˈstär ˌdəp/

noun

action or process of setting something in motion.

separate
adjective noun verb

forming or viewed as unit apart or by itself. individual items of clothing suitable for wearing in different combinations. cause to move or be apart.

service

/ˈsərvəs/

noun verb

Maintenance of machinery so it runs well, e.g. car. To help or do work for someone, e.g. in a store.

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