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People also ask
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What extent do you agree that a private limited company would be a better form of organization for Horbury?
Explanation: A private limited company would be a better form of organization for Horbury due to several reasons: Limited Liability: Shareholders of a private limited company have limited liability, meaning their personal assets are protected if the company fails or faces legal issues.
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What makes a private limited company successful?
A private limited company offers a compelling array of advantages that can support your vision for growth, stability, and financial efficiency. Its potential for limited liability, tax benefits, enhanced credibility, and access to funding makes it a popular choice for businesses of various sizes.
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How do you find the answer to a case study?
Before you begin writing, follow these guidelines to help you prepare and understand the case study: Read and examine the case thoroughly. Take notes, highlight relevant facts, and underline key problems. Focus your analysis. Identify two to five key problems. ... Uncover possible solutions. ... Select the best solution.
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What are some of the advantages and disadvantages of operating as a private limited company?
Disadvantages AdvantagesDisadvantages Owner can retain control Must be registered with the Registrar of Companies More able to raise money High set-up costs (legal and administrative) Limited liability Harder to motivate and control workers
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What extent do you agree that a private limited company would be a better form of organization for Horbury 16 marks?
Final answer: A private limited company offers certain benefits like limited liability and easier capital raising through share issuance. However, it limits shareholders and increases administrative obligations. Horbury Diversifications should consider these factors against their business goals to make the decision.
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Why is private limited company better?
Credibility and Professionalism Clients, suppliers, and investors often perceive limited companies as more stable and reliable compared to sole proprietorships or partnerships. This increased trust can open doors to better business opportunities, easier access to credit, and more favorable terms with suppliers.
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