Business Ownership Comparison Worksheet
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Business Ownership Comparison Worksheet
📊 Part 1: Business Ownership Types Comparison
Instructions: Complete the table below by filling in information about each business ownership type. Use the key terms provided and examples discussed in class.
Key Terms: liability, ownership, profit, control, shareholders, unlimited liability, limited liability
Ownership Structure: _________________________________________________
Who makes decisions? ____________________________________________
Main benefits: ___________________________________________________
Main risks/challenges: ____________________________________________
Australian example: ______________________________________________
Ownership Structure: _________________________________________________
Who makes decisions? ____________________________________________
Main benefits: ___________________________________________________
Main risks/challenges: ____________________________________________
Australian example: ______________________________________________
Ownership Structure: _________________________________________________
Who makes decisions? ____________________________________________
Main benefits: ___________________________________________________
Main risks/challenges: ____________________________________________
Australian example: ______________________________________________
Ownership Structure: _________________________________________________
Who makes decisions? ____________________________________________
Main benefits: ___________________________________________________
Main risks/challenges: ____________________________________________
Australian example: ______________________________________________
💭 Part 2: Analysis and Reflection
Sentence starter: I would choose _____________ because firstly _____________ and secondly _____________.
Similarities:
1. _________________________________________________________________
2. _________________________________________________________________
Differences:
1. _________________________________________________________________
2. _________________________________________________________________
🌏 Part 3: Local Business Investigation
Local Sole Trader: _________________________________________
Why I think this: ___________________________________________
Partnership: ________________________________________________
Why I think this: ___________________________________________
Private Company: ___________________________________________
Why I think this: ___________________________________________
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