English for business studies
Als Sekretärin brauchen Sie ein breitgefächertes Wissen auch über BWL. Mit Secretary Today lernen Sie die wichtigsten Begriffe der Betriebswirtschaft.
This table gives you an overview of the main forms of business in the UK and USA. Use it to know more about the companies you deal with.
| British | American | Explanation |
| sole trader | sole proprietor | registered as self-employed. Owner responsible for all debts.(In German, selbständiger Unternehmer) |
| partnership | partnership | as above, but with partner (In German, Gesellschaft bürgerlichen Rechts |
| private limited company | corporation | capital raised through sales of shares, but not to general public. Managed by board of directors. (Aktiengesellschaft, nicht börsennotiert) |
| public limited company (plc) | publicly-traded company | same as private limited company, but shares sold to the general public. (Like a German Aktiengesellschaft) |
| limited liability partnership | limited liability company | managed by ‘designated members’ (similar to a board of directors), otherwise same as private limited company. (Similar to a GmbH) |
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