The World of Work and Business · Business Ecosystems

Types of Businesses

Comparing sole traders, partnerships, and corporations in terms of risk and scale.

Key Questions

  1. 1What are the risks of being a sole trader compared to a shareholder in a large company?
  2. 2Why would a small business choose to stay small rather than expanding?
  3. 3How does the legal structure of a business affect its ability to raise capital?

ACARA Content Descriptions

AC9HE7K03
Year: Year 7
Subject: Economics & Business
Unit: The World of Work and Business
Period: Business Ecosystems

Suggested Methodologies

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