Private Sector Organisations

Organizations in the private sector

Sole trader

Partnerships

Private limited company

Public limited company

Co-operatives

Aims of organisations in the private sector

Sole traders

• Make profit or survive in recession
• Make all decisions

Partnerships

• To make profit
• Get more money and ideas

Private limited companies

• Limited liability and make profit

Public limited companies

• Raise large capital
• Earn profit for the shareholders

Co-operatives

• Help each other
• Share profits equally