Internal organisation
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Peter Shilton S11 Internal organisation The way in which a business is run is known as the internal organisation of a business. This can be a number of ways, including partnerships, sole proprietorships, and public or private limited companies. Since I am going to be setting up such a small company, I will need to set up as either a partnership or a sole proprietorship. A partnership is where two or more people run a business together. They usually do not want to hold total responsibility for the business whilst still being able to do their own work. A sole trader is a person that runs a business alone. They have total control of the business and often do not even have any employees. To help me choose which, I am going to look at the advantages and disadvantages of each of the above. Partnership Advantages Disadvantages Responsibility of running a business can be shared with another person....


