Question: what are the advantages of being a private company?
Answer: Separate Legal Entity. An entity means something which has a real existence; a thing with distinct existence. ... 
Uninterrupted existence. ... 
Limited Liability. ... 
Free & Easy transferability of shares. ... 
Owning Property. ... 
Capacity to sue and be sued. ... 
Dual Relationship. ... 
Borrowing Capacity.