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19 marksEconomic Sectors and Legal Structures

CAPE Management of Business Unit 1 · 2008 · Paper 2 · Question 2(a)

A prospective entrepreneur, Mr Bakewell, is planning to start a pizza business and considering a Private Limited Company, a Partnership, or acquiring a franchise.

Discuss THREE advantages and THREE disadvantages of forming a Private Limited Company rather than a Partnership business.

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Other parts of this question

  1. 2(b)Outline THREE reasons why the business may have a greater chance of success by purchasing a franchise licence rather than starting an independent business.[6 marks]

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