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hi there lets take a look now with a topic that is uh a little bit dry potentially boring but actually really important when it comes to understanding how businesses are organized so bear with me for four or five minutes as we take a look at the different forms of business and well focus here on what i known as private sector organizations private sector businesses in a separate video we look at the difference between private sector and public sector but for now the first thing to remember is there is a there is a difference between what are known as unincorporated businesses and incorporated businesses unincorporated and incorporated and the two main types of unincorporated business are sole traders and partnerships aka students you dont need to know about partnerships and then incorporated businesses private limited companies and public limited companies now were not going to look at public limited companies on this video were just going to focus in particular the difference he
