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The classification of the business according to its ownership, and explanation of the benefits and constraints of the type of ownership - Boots Plc.
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AVCE Business Studies UNIT 1 Business At Work By Sumayyah Islam The classification of the business according to its ownership, and explanation of the benefits and constraints of the type of ownership Boots Plc are very large companies and are quoted on the stock exchange. The owners of the Boots companies are the shareholders. If the business wanted to, the company shares can be freely brought or sold on the stock market. This means that Boots PLC companies are able to raise large amounts of capital quickly and easily, and this gives them a large financial power. For a company to become a PLC the business must raise a minimum of £50,000 in share capital and obtain a certificate of incorporation and a certificate of trading. The benefits for Boots Plc are:> The major benefit is increased capital as many Boots PLCs may buy shares in the company. This makes expansion much easier.> Being quoted on the...
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