| Risk/ Liability | Access to Capital | Ownership & Control | Use of Profit | |
|---|---|---|---|---|
| Sole trader | Unlimited | Bank loan/ Family/ Friends | Complete own and control | Income tax |
| Partnership | Less | Partners/ ↑ | Shared by 2-20 people | Income tax |
| Franchise | Less | Shared by franchisee and franchisor | ||
| LTD | Limited | Shareholders | Private/ Family business | |
| PLC | Limited | Shareholders | Regulatory control, mostly managers take control | Cooperation tax |
| MNC | Host country (first established) | Cooperation tax |