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welcome to taking the biz a channel designed to help a level business students with their revision for their exams and in this tutorial were going to investigate the business ownership structure of public limited companies so a plc is a form of business ownership where the business is owned by shareholders its an incorporated business which means just like a private limited company the business has been through a process known as the incorporation process which involves formally registering the business with the government but the main distinction between ltds and plcs is how their shares are traded in private limited companies as the title suggests shares can only be traded privately shareholders can only sell shares to people they know people they come into contact with in plc shares are traded differently they are traded to the general public shares can be put on sale through a mechanism known as the stock exchange and members of the public can buy a stake or a share of the owner
