Business Studies, asked by raghavsethi955, 1 year ago

explain the features of company organisation​

Answers

Answered by itzshrutiBasrani
0

Features :-

  • A company has a distinct entity and is independent of its members or people controlling it
  • Private limited company is held by few individuals privately having a separate legal entity. In this, the shareholders cannot trade publicly shares.

Advantages :-

1) it's easy to transfer ownership by selling shares to another party. 

2) shareholders (often family members) can be employed by the company.

Disadvantages:-

1) the company can be expensive to establish, maintain and wind up.

2) your financial affairs are public.

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