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Btec Bi Assignment

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LYNN LTD. COMPANY

Introduction
Lynn LTD. Is a Company manufacturing and selling women’s Pyjamas. Established in 1995, Damascus, Syria.
Focusing on mid-age fashion women’s Pyjamas, with broad vision on the market and the challenges of this domain, it has put a mission react with it vision. It has growth quickly by fulfillment the consumer tendency, with high quality products, with reasonable price.
The Lynn board decides choose carefully the location of factory in industrial city, and headquarter, and the outlets, Its capital arranged in cleverness, Employees have been trained to be qualified, finally they have choose maven men to manage the departments of Lynn company.

Types of company and Lynn Co.:
In general there is many types of companies. Privet type (controlled by individuals), and public type (controlled by government) which provide the essential services not fully provide by the privet sector and prevent the exploitation, avoid the duplication of resource. Cares about the strategic services and goods. Which provide Lynn Co. by cotton fibers and data.

There are many choices of privet companies for Lynn when it has been launched.
1- Sole trader: just one owner, the most famous type, unlimited liabilities. Refused because they are a group of businessmen. Despite the success of this type worldwide.
2- Partnership: tow owners to twenty, unlimited liabilities, pay high tax. Not supported by government like LTD & PLC.
3- Public limited company: They don’t want to share those stocks at the stocks market.
4- Privet limited company: The best choice for them. and lowest risky.
The Owners are group of friends businessmen, choose privet limited company under a complete conviction of this type of companies is the best choice for those firm, to keep the ownership between

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