A "tangible" benefit

Sole trader

Partnership

The Registrar of Companies

The sale of products or services

Its reason for existing.

Sole traders, Partnerships, Limited Companies

Private (limited by shares), Private (limited by guarantee), Public

Examples: Close supervision provided for subordinates, good discipline, good superior-subordinate relationships, encourages development of staff, allows for easy coordination of subordinates

Examples: Costly due to high number of managerial salaries, communication can be delayed or distorted, lack of creative freedom for subordinates,

Examples: Less costly due to fewer managers, problems solved via collaboration, higher subordinate morale due to creative freedom, self-direction, and autonomy, communication is faster and more effective than tall hierarchies, fast decision-making.

Examples: Chance of poor discipline due to lack of supervision, poor superior-subordinate relationships, coordination of subordinates is more difficult, experienced and efficient managers are required for high number of subordinates,

Strengths, Weaknesses, Opportunities, Threats

Political, Economical, Sociological, Technological, Legal, and Environmental

Specific, measurable, achievable, realistic, time-bound