It will be of most value to students who are studying A-level Business Studies or GNVQ Business. A number of the banks have information for business planning. These worksheets concentrate on Barclays and Midland. Work out your expenses. The most common form of ownership.
People have the freedom to choose how to do things and the business is relatively simple to manage.
However there is unlimited liability. In most cases limited to 2-20 people. How profits are shared. What would happen if the partnership were wound up. A limited company is separate from its owners.