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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. From one person, thing, or place, to another.

typical

/ˈtipik(ə)l/

adjective

having distinctive qualities of particular type of person or thing.

partnership

/ˈpärtnərˌSHip/

noun

state of being partner.

proprietor

/p(r)əˈprīədər/

noun

Owner of a business as an individual.

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. construct or arrange according to plan.

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

A business that sells things or provides services. 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

power to act or speak freely.

limited

/ˈlimədəd/

adjective verb

With restrictions; not broad in scope. 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. To move things away from each other.

service

/ˈsərvəs/

noun verb

Ceremony for religious purposes. To maintain a piece of machinery so it runs well.

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