Accountancy, asked by naira411, 10 months ago

what is a private company​

Answers

Answered by anushkasharma3321
0

a company which runs by a boss or owner not by government and in this company all decisions are taken by the boss

Answered by khushi406
0

Answer:

Hello,

Following are the points that can easily understood you the meaning of private company:-

  • A private company can sell its own, privately held shares to a few willing investors.
  • The stocks of a private company are owned and traded by only a few private investors.
  • The primary advantage of a privately traded company is that it doesn’t need to answer to any stockholders & there’s no need for disclosures as well.
  • Privately traded companies can also be big companies. The idea that a privately held company is smaller is utterly false.
  • For the privately traded company, the source of funds is few private investors or venture capitalists.

i hope it helps uh...

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