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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. In the space that separates two objects.

typical

/ˈtipik(ə)l/

adjective

Normal; usual; expected.

partnership

/ˈpärtnərˌSHip/

noun

state of being partner.

proprietor

/p(r)əˈprīədər/

noun

owner of business, or holder of property.

structure

/ˈstrək(t)SHər/

noun verb

The way in which the parts of a system or object are arranged or organized, or a system arranged in this way. To plan, organize, or arrange the parts of something.

options

/ˈäpSH(ə)n/

noun other verb

thing chosen. Two or more of several choices. buy or sell option on.

company

/ˈkəmp(ə)nē/

noun verb

Good feeling from being with someone else. 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

Person, thing that causes problems for someone.

startup

/ˈstär ˌdəp/

noun

action or process of setting something in motion.

separate
adjective noun verb

Being different from or unrelated to another. individual items of clothing suitable for wearing in different combinations. To live away from your husband or wife.

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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