Business

Sole trader, partnership and private limited company are the three types
of businesses we learnt about in class. A sole trader is the simplest form of
business structure and is relatively easy and inexpensive to set up,
A partnership is where 2 -20 people get together to form a business.
Private limited company
is owned by shareholders.

There are many businesses around our community,
and businesses that provide services like hairdressers,
and businesses that provide goods like Pak n Save,
it provides food (bread, meat,cheese).

Businesses are useful or important because they provide goods or
provide great services to customers. Businesses are also the means
by which many people get their jobs and a career for
themselves and it provides them money, food, and clothes to put on their kids.