Types of Company by Mr. Quirke https://padlet.com/mquirke/CompanyTypes List advantages/disadvantages and examples of each type en-us 2017-12-01 15:32:24 UTC 2017-12-04 09:31:35 UTC hello@padlet.com Advantage:100% of Profit https://padlet.com/mquirke/CompanyTypes/wish/212312783 2017-12-01 15:41:34 UTC https://padlet.com/mquirke/CompanyTypes/wish/212312783 https://padlet.com/mquirke/CompanyTypes/wish/212313016 Definition: A person who is the exclusive owner of a business, entitled to keep all profits after tax has been paid but liable for all losses.]]> 2017-12-01 15:41:51 UTC https://padlet.com/mquirke/CompanyTypes/wish/212313016 Advantages: They are in control. They get all their profits. https://padlet.com/mquirke/CompanyTypes/wish/212313338 2017-12-01 15:42:28 UTC https://padlet.com/mquirke/CompanyTypes/wish/212313338 https://padlet.com/mquirke/CompanyTypes/wish/212313447 Definition: people work with other people to open a company.]]> 2017-12-01 15:42:41 UTC https://padlet.com/mquirke/CompanyTypes/wish/212313447 https://padlet.com/mquirke/CompanyTypes/wish/212313579 Definition: An association of two or more people as partners.]]> 2017-12-01 15:42:56 UTC https://padlet.com/mquirke/CompanyTypes/wish/212313579 AIB (plc) https://padlet.com/mquirke/CompanyTypes/wish/212313656 Allied Irish Bank (thousand of shareholders.]]> 2017-12-01 15:43:06 UTC https://padlet.com/mquirke/CompanyTypes/wish/212313656 Disadvantage:They are subjected to unlimited liability. https://padlet.com/mquirke/CompanyTypes/wish/212313880 2017-12-01 15:43:38 UTC https://padlet.com/mquirke/CompanyTypes/wish/212313880 Advantages: https://padlet.com/mquirke/CompanyTypes/wish/212313928 More Money $$$$$]]> 2017-12-01 15:43:42 UTC https://padlet.com/mquirke/CompanyTypes/wish/212313928 Disadvantage https://padlet.com/mquirke/CompanyTypes/wish/212314108 You must decided on all the 
decisions ]]> 2017-12-01 15:44:00 UTC https://padlet.com/mquirke/CompanyTypes/wish/212314108 Example: Lee Strand (Ltd.) https://padlet.com/mquirke/CompanyTypes/wish/212314205 2017-12-01 15:44:13 UTC https://padlet.com/mquirke/CompanyTypes/wish/212314205 Definition https://padlet.com/mquirke/CompanyTypes/wish/212314340 A co-operative is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise"]]> 2017-12-01 15:44:29 UTC https://padlet.com/mquirke/CompanyTypes/wish/212314340 definition:a company registered under the Companies Act (1980), with statutory minimum capital requirements and shares offered to the public subject to conditions of limited liability. https://padlet.com/mquirke/CompanyTypes/wish/212314341 2017-12-01 15:44:29 UTC https://padlet.com/mquirke/CompanyTypes/wish/212314341 Advantages: Do not have to pay income tax https://padlet.com/mquirke/CompanyTypes/wish/212314369 2017-12-01 15:44:31 UTC https://padlet.com/mquirke/CompanyTypes/wish/212314369 Definition:A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests https://padlet.com/mquirke/CompanyTypes/wish/212314381 Michael

]]> 2017-12-01 15:44:31 UTC https://padlet.com/mquirke/CompanyTypes/wish/212314381 Money is good https://padlet.com/mquirke/CompanyTypes/wish/212314670 2017-12-01 15:45:10 UTC https://padlet.com/mquirke/CompanyTypes/wish/212314670 definition: private limited company, or LTD, is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares. https://padlet.com/mquirke/CompanyTypes/wish/212314847 2017-12-01 15:45:33 UTC https://padlet.com/mquirke/CompanyTypes/wish/212314847 Disadvantage:it can be hard to take holidays https://padlet.com/mquirke/CompanyTypes/wish/212315210 2017-12-01 15:46:16 UTC https://padlet.com/mquirke/CompanyTypes/wish/212315210 https://padlet.com/mquirke/CompanyTypes/wish/212315214 example:  Pottery Barn & Sherwin-Williams .

]]> 2017-12-01 15:46:17 UTC https://padlet.com/mquirke/CompanyTypes/wish/212315214 The greatest benefit of private limited companies is limited liability. Private limited companies, according to Apex, are treated as a single entity, making the company responsible for all debts. If anything happens to the company, its members are not personally affected; members are only liable for unpaid shares. https://padlet.com/mquirke/CompanyTypes/wish/212315300 2017-12-01 15:46:30 UTC https://padlet.com/mquirke/CompanyTypes/wish/212315300 Definition https://padlet.com/mquirke/CompanyTypes/wish/212315675  is a type of privately held small business entity. This type of business entity limits owner liability to their shares, limits the number of shareholders to 50, and restricts shareholders from publicly trading shares.]]> 2017-12-01 15:47:14 UTC https://padlet.com/mquirke/CompanyTypes/wish/212315675 advantages: Easy to set up no legal formalities https://padlet.com/mquirke/CompanyTypes/wish/212746952 2017-12-04 09:06:45 UTC https://padlet.com/mquirke/CompanyTypes/wish/212746952 https://padlet.com/mquirke/CompanyTypes/wish/212747005 Example: Foley & Associates Solicitors ]]> 2017-12-04 09:07:01 UTC https://padlet.com/mquirke/CompanyTypes/wish/212747005 advantage: owner keeps all profits https://padlet.com/mquirke/CompanyTypes/wish/212747222 2017-12-04 09:07:50 UTC https://padlet.com/mquirke/CompanyTypes/wish/212747222 disadvantage: Long hours often necessary to make business pay https://padlet.com/mquirke/CompanyTypes/wish/212747429 2017-12-04 09:08:50 UTC https://padlet.com/mquirke/CompanyTypes/wish/212747429 Luke https://padlet.com/mquirke/CompanyTypes/wish/212747629 Example: Lee Strand Co-operative Ltd

Advantage:  A cooperative organization is owned and controlled by members.

Disadvantage:  It has less incentive, and there’s also a possibility of development of conflict between members.]]> 2017-12-04 09:09:53 UTC https://padlet.com/mquirke/CompanyTypes/wish/212747629 Jasmine https://padlet.com/mquirke/CompanyTypes/wish/212747704 laya health care: Laya Healthcare is a health insurance company in Ireland. Its headquarters are in Little Island, County Cork. It is regulated by the Health Insurance Authority.

]]> 2017-12-04 09:10:15 UTC https://padlet.com/mquirke/CompanyTypes/wish/212747704 advantages: partners can combine expertise https://padlet.com/mquirke/CompanyTypes/wish/212747818 2017-12-04 09:10:40 UTC https://padlet.com/mquirke/CompanyTypes/wish/212747818 Advantages: Limited liability https://padlet.com/mquirke/CompanyTypes/wish/212747820 2017-12-04 09:10:41 UTC https://padlet.com/mquirke/CompanyTypes/wish/212747820 disadvantage: more people to share in the profits https://padlet.com/mquirke/CompanyTypes/wish/212747941 2017-12-04 09:11:11 UTC https://padlet.com/mquirke/CompanyTypes/wish/212747941 Advantage: https://padlet.com/mquirke/CompanyTypes/wish/212747994 Have full control of their business. Running it how they want without the interference of others. ]]> 2017-12-04 09:11:22 UTC https://padlet.com/mquirke/CompanyTypes/wish/212747994 Example: South Kerry Development Partnership https://padlet.com/mquirke/CompanyTypes/wish/212748101 2017-12-04 09:11:59 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748101 Disadvantage:he liability of the partners for the debts of the business is unlimited. https://padlet.com/mquirke/CompanyTypes/wish/212748147 2017-12-04 09:12:18 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748147 Jasmine https://padlet.com/mquirke/CompanyTypes/wish/212748199 jazz Pharmaceutical: Jazz Pharmaceuticals PLC is an Ireland-based bio pharmaceutical company which specializes of identifying, developing and commercializing pharmaceutical products. It was founded in 2003. ]]> 2017-12-04 09:12:33 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748199 https://padlet.com/mquirke/CompanyTypes/wish/212748210 Example: Credit  Union ]]> 2017-12-04 09:12:38 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748210 Example: tropicana https://padlet.com/mquirke/CompanyTypes/wish/212748408 Advantage: Public liability ]]> 2017-12-04 09:13:30 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748408 https://padlet.com/mquirke/CompanyTypes/wish/212748584 Disadvantages: Lack of Secrecy]]> 2017-12-04 09:14:19 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748584 Advantages: https://padlet.com/mquirke/CompanyTypes/wish/212748682  Partners share the decision making and can help each other out when they need to. ]]> 2017-12-04 09:14:48 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748682 Peter Olah https://padlet.com/mquirke/CompanyTypes/wish/212748712
  •  Example: Societas Europaea  
    • Company 
    • Definition: The European Company (also known by its Latin name Societas Europaea or SE) is a type of public limited-liability company regulated under EU law
    • Advantages: An Introduction To Societas Europaea Companies. A “Societas Europaea” (an “SE”) is a type of European public limited company (PLC) (limited by shares) having all of the company law advantages of incorporation.
    ]]>     2017-12-04 09:14:55 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748712     https://padlet.com/mquirke/CompanyTypes/wish/212748730 Example: Ballyseedy woods]]> 2017-12-04 09:14:59 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748730 Advantage https://padlet.com/mquirke/CompanyTypes/wish/212748813 Information about a sole trader is kept private unlike that of limited companies where information is made public]]> 2017-12-04 09:15:18 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748813 example Electric Ireland https://padlet.com/mquirke/CompanyTypes/wish/212748838 continuity of existence ]]> 2017-12-04 09:15:26 UTC https://padlet.com/mquirke/CompanyTypes/wish/212748838 https://padlet.com/mquirke/CompanyTypes/wish/212749069  Disadvantages of buying a franchise. Buying a franchise means entering into a formal agreement with your franchisor. Franchise agreements dictate how you run the business, so there may be little room for creativity ]]> 2017-12-04 09:16:23 UTC https://padlet.com/mquirke/CompanyTypes/wish/212749069 https://padlet.com/mquirke/CompanyTypes/wish/212749159 Example: VHI Healthcare.]]> 2017-12-04 09:16:46 UTC https://padlet.com/mquirke/CompanyTypes/wish/212749159 Disadvantage https://padlet.com/mquirke/CompanyTypes/wish/212749166 Sole Trader often find it hard to raise money to fund their business.]]> 2017-12-04 09:16:50 UTC https://padlet.com/mquirke/CompanyTypes/wish/212749166 disadvantage https://padlet.com/mquirke/CompanyTypes/wish/212749246  
    • the liability of the partners for the debts of the business is unlimited. 

    ]]>     2017-12-04 09:17:14 UTC https://padlet.com/mquirke/CompanyTypes/wish/212749246     Example: Subway https://padlet.com/mquirke/CompanyTypes/wish/212749257 Maryrose White

    ]]>     2017-12-04 09:17:16 UTC https://padlet.com/mquirke/CompanyTypes/wish/212749257     disadvantage https://padlet.com/mquirke/CompanyTypes/wish/212749471
  • you have unlimited liability for debts as there's no legal distinction between private and business assets.

    • ]]>     2017-12-04 09:18:09 UTC https://padlet.com/mquirke/CompanyTypes/wish/212749471     Advantage: https://padlet.com/mquirke/CompanyTypes/wish/212749546  Better access to capital – i.e. raising share capital from existing and new investors. ]]> 2017-12-04 09:18:29 UTC https://padlet.com/mquirke/CompanyTypes/wish/212749546 Definition: Voluntary group that buys services in bulk on behalf of it's members, to offer them sale at lower prices https://padlet.com/mquirke/CompanyTypes/wish/212749562 2017-12-04 09:18:34 UTC https://padlet.com/mquirke/CompanyTypes/wish/212749562 disadvantage https://padlet.com/mquirke/CompanyTypes/wish/212750108  
    • Lack of Secrecy: A cooperative society has to submit its annual reports and accounts with the Registrar of Cooperative Societies. ... 
    ]]>     2017-12-04 09:20:37 UTC https://padlet.com/mquirke/CompanyTypes/wish/212750108     definition: an agreement or bargain whereby the owner of a trademark, Brand name or copyright grands to licence to use in selling good and services https://padlet.com/mquirke/CompanyTypes/wish/212750173 Example: Mc Donalds ]]> 2017-12-04 09:20:50 UTC https://padlet.com/mquirke/CompanyTypes/wish/212750173 https://padlet.com/mquirke/CompanyTypes/wish/212750438 advantages: gives healthcare insurance for adults also they have for children.]]> 2017-12-04 09:21:54 UTC https://padlet.com/mquirke/CompanyTypes/wish/212750438 Advantage https://padlet.com/mquirke/CompanyTypes/wish/212750690 A double partnership has a richer source of money than a solo partnership]]> 2017-12-04 09:22:55 UTC https://padlet.com/mquirke/CompanyTypes/wish/212750690 Advantage: https://padlet.com/mquirke/CompanyTypes/wish/212750693  Established product or service ]]> 2017-12-04 09:22:55 UTC https://padlet.com/mquirke/CompanyTypes/wish/212750693 Disadvantage: https://padlet.com/mquirke/CompanyTypes/wish/212751325 Restrictions on creativity ]]> 2017-12-04 09:25:22 UTC https://padlet.com/mquirke/CompanyTypes/wish/212751325 Disadvantage https://padlet.com/mquirke/CompanyTypes/wish/212751358 You have to pay self-employment tax.]]> 2017-12-04 09:25:31 UTC https://padlet.com/mquirke/CompanyTypes/wish/212751358 Insomnia https://padlet.com/mquirke/CompanyTypes/wish/212752311 Coffee shop]]> 2017-12-04 09:28:30 UTC https://padlet.com/mquirke/CompanyTypes/wish/212752311 Advantage https://padlet.com/mquirke/CompanyTypes/wish/212752522 The value is shown by the market capitalization.]]> 2017-12-04 09:29:09 UTC https://padlet.com/mquirke/CompanyTypes/wish/212752522