https://padlet.com/tcashin/g8rokfcd7p32 This Padlet was created in November 2019 by 2nd Year Business students in their study of Junior Cycle Learning Outcomes 2.1, 2.2 and 2.5 en-us 2019-11-27 21:03:52 UTC 2025-12-09 17:01:31 UTC hello@padlet.com https://padlet.net/icons/png/1f4b6.png https://padlet.com/tcashin/g8rokfcd7p32/wish/417284939 You could buy a share in the company and earn money connected to its performance]]> 2019-11-27 22:11:01 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417284939 https://padlet.com/tcashin/g8rokfcd7p32/wish/417284999 2019-11-27 22:11:24 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417284999 https://padlet.com/tcashin/g8rokfcd7p32/wish/417285569 2019-11-27 22:15:02 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417285569 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780022 - A co-operative is a business owned and run by its members who have a common bond
- To become a member a person must buy at least one share
- Each member has one vote
-The profit is distributed among the members
-Members have limited liability
-Co-ops are managed by a management committee
-A co-operative is between 2-50 people]]> 2019-11-29 14:24:16 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780022 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780030 2019-11-29 14:24:19 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780030 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780071 A sole trader is a type of business entity that is owned by one individual. ]]> 2019-11-29 14:24:29 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780071 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780205 1.You get a good sense of satisfaction

2.Choose your own work hours

3.Being your own boss

4.Overall control

5.Keep the profit]]> 2019-11-29 14:24:58 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780205 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780214 profit is divided between share holders and called dividends.]]> 2019-11-29 14:25:00 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780214 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780272 2019-11-29 14:25:10 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780272 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780517 The share owners often hire someone to manage their shares.]]> 2019-11-29 14:26:14 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780517 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780529 They can Advertise their stocks in public ]]> 2019-11-29 14:26:17 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780529 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780534 owners are called shareholders and there can only be 1-99 of them]]> 2019-11-29 14:26:18 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780534 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780591 2019-11-29 14:26:31 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780591 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780693 1. It means you have all the responsibility, less personal time and unlimited liabilities on your head.
2. You have to invest a lot of money for your business to get big.]]> 2019-11-29 14:26:56 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780693 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780725 Buy selling their stocks Publicly they can raise money easily if they need to  ]]> 2019-11-29 14:27:05 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780725 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780757 Limited Liability
Directors can be of any EU nationality
Low Corporation Tax (12.5%)]]> 2019-11-29 14:27:13 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780757 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780834 Public can buy and sell shares easily.]]> 2019-11-29 14:27:30 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780834 https://padlet.com/tcashin/g8rokfcd7p32/wish/417780908 2019-11-29 14:27:49 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417780908 https://padlet.com/tcashin/g8rokfcd7p32/wish/417781170 Shares cannot be advertised on the stock exchange
limited number of people involved]]> 2019-11-29 14:28:45 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417781170 https://padlet.com/tcashin/g8rokfcd7p32/wish/417781459 they can expand easily]]> 2019-11-29 14:29:54 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/417781459 https://padlet.com/tcashin/g8rokfcd7p32/wish/421606234 Is an agreement or license between  two parties, which provides a person or a group of people the rights to use a trademark of another business.]]> 2019-12-09 14:27:46 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/421606234 17rfleming34 https://padlet.com/tcashin/g8rokfcd7p32/wish/421606605 A franchise is an agreement between two parties which allows a person or people or a group of people. The rights to market a product or a service, using the trade marker of another business. ]]> 2019-12-09 14:28:20 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/421606605 https://padlet.com/tcashin/g8rokfcd7p32/wish/421607280 Franchise can be a company that is spread out around a large area or even among other countries. ]]> 2019-12-09 14:29:19 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/421607280 https://padlet.com/tcashin/g8rokfcd7p32/wish/421607763 A franchise is an agreement or license between two parties which gives a person or group of people (the (company permitted to do business under a bigger business' name)) the rights to market a product or service using the trademark of another business (the franchiser )]]> 2019-12-09 14:30:01 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/421607763 https://padlet.com/tcashin/g8rokfcd7p32/wish/421612382 They are companies which are owned by the state. for example RTÉ, TFI, NTMA. Each of these companies are assigned to different departments of the companies. Each company is in charge of a different area in these departments. Each company has a different minister to report to for example The TFI would report to Shane Ross. Each company is assigned a board to control the company aswell. ]]> 2019-12-09 14:36:16 UTC https://padlet.com/tcashin/g8rokfcd7p32/wish/421612382