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Investigating Businesses Unit 1 Introduction: In this portfolio I will be investigating on two businesses, these businesses are Richer Sounds and McDonalds. These companies are both Tertiary. McDonalds is a Franchise and Richer Sounds is a Limited Company. The Ownership of Richer Sounds: Richer Sounds originally started off as a sole trader by Julian Richer and became a Limited Company in 1978; Richer Sounds became a Limited Company. It was incorporated on the 29th November. Since 1990 it has been an unlisted public company. Richer Sounds became a limited company to gain benefits of limited liability. Internal communications Within Richer Sounds, communications may be sent: - From directors or senior manager to colleagues - From one functional area to another - From colleagues at every level to senior managers, directors and the chairman. 1) From managers to colleagues. Communications between managers to colleagues may contain information or some instructions, 'Instructions' as an example, a fax alert colleagues to a safety...

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