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Wheatfield’s Ltd  

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Wheatfield's Ltd Wheatfield's Limited is a private Limited company. This means that it is in the private sector of the economy owned by individuals (shareholders) who want to make a profit, therefore the business is not owned by the government. The main aims of the business will include making a profit, survival and possibly expanding. Limited companies are more expensive to set up but they do carry less of a financial risk. The business is owned by shareholders, these are people who have invested their money into the business. They could be ordinary shareholders and have a vote in how the company is run at the Annual General Meeting or preference share holders who have no vote in the AGM but are paid their dividend before other shareholders. In this case the shareholders must be members of the family. The business has an Articles and memorandum of Association. These are...

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