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Introduction to E-Business

Introduction to E-Business. Types of Business. Sole Trader. Self employed Capital Liable for all debts You're in charge VAT registration – above £61k. Partnership. Two or more people liable Partners equally responsible for debt Sleeping partners Profits.

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Introduction to E-Business

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  1. Introduction to E-Business Types of Business

  2. Sole Trader • Self employed • Capital • Liable for all debts • You're in charge • VAT registration – above £61k

  3. Partnership • Two or more people liable • Partners equally responsible for debt • Sleeping partners • Profits

  4. LLP (Limited Liability Partnership) • Limited to the amount of money you have put into the business • Can be a LTD company or a group of individuals

  5. Limited Liability Companies (LTD) • Can offer shares to employees (not the public) • Must be registered at companies house and produce annual accounts • Must have one director • Finance comes from shareholders, profits, loans etc

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