\documentclass[10pt,a4paper]{article}

% Packages
\usepackage{fancyhdr}           % For header and footer
\usepackage{multicol}           % Allows multicols in tables
\usepackage{tabularx}           % Intelligent column widths
\usepackage{tabulary}           % Used in header and footer
\usepackage{hhline}             % Border under tables
\usepackage{graphicx}           % For images
\usepackage{xcolor}             % For hex colours
%\usepackage[utf8x]{inputenc}    % For unicode character support
\usepackage[T1]{fontenc}        % Without this we get weird character replacements
\usepackage{colortbl}           % For coloured tables
\usepackage{setspace}           % For line height
\usepackage{lastpage}           % Needed for total page number
\usepackage{seqsplit}           % Splits long words.
%\usepackage{opensans}          % Can't make this work so far. Shame. Would be lovely.
\usepackage[normalem]{ulem}     % For underlining links
% Most of the following are not required for the majority
% of cheat sheets but are needed for some symbol support.
\usepackage{amsmath}            % Symbols
\usepackage{MnSymbol}           % Symbols
\usepackage{wasysym}            % Symbols
%\usepackage[english,german,french,spanish,italian]{babel}              % Languages

% Document Info
\author{nelaorav}
\pdfinfo{
  /Title (types-of-business-organization.pdf)
  /Creator (Cheatography)
  /Author (nelaorav)
  /Subject (Types of Business Organization Cheat Sheet)
}

% Lengths and widths
\addtolength{\textwidth}{6cm}
\addtolength{\textheight}{-1cm}
\addtolength{\hoffset}{-3cm}
\addtolength{\voffset}{-2cm}
\setlength{\tabcolsep}{0.2cm} % Space between columns
\setlength{\headsep}{-12pt} % Reduce space between header and content
\setlength{\headheight}{85pt} % If less, LaTeX automatically increases it
\renewcommand{\footrulewidth}{0pt} % Remove footer line
\renewcommand{\headrulewidth}{0pt} % Remove header line
\renewcommand{\seqinsert}{\ifmmode\allowbreak\else\-\fi} % Hyphens in seqsplit
% This two commands together give roughly
% the right line height in the tables
\renewcommand{\arraystretch}{1.3}
\onehalfspacing

% Commands
\newcommand{\SetRowColor}[1]{\noalign{\gdef\RowColorName{#1}}\rowcolor{\RowColorName}} % Shortcut for row colour
\newcommand{\mymulticolumn}[3]{\multicolumn{#1}{>{\columncolor{\RowColorName}}#2}{#3}} % For coloured multi-cols
\newcolumntype{x}[1]{>{\raggedright}p{#1}} % New column types for ragged-right paragraph columns
\newcommand{\tn}{\tabularnewline} % Required as custom column type in use

% Font and Colours
\definecolor{HeadBackground}{HTML}{333333}
\definecolor{FootBackground}{HTML}{666666}
\definecolor{TextColor}{HTML}{333333}
\definecolor{DarkBackground}{HTML}{468466}
\definecolor{LightBackground}{HTML}{F3F7F5}
\renewcommand{\familydefault}{\sfdefault}
\color{TextColor}

% Header and Footer
\pagestyle{fancy}
\fancyhead{} % Set header to blank
\fancyfoot{} % Set footer to blank
\fancyhead[L]{
\noindent
\begin{multicols}{3}
\begin{tabulary}{5.8cm}{C}
    \SetRowColor{DarkBackground}
    \vspace{-7pt}
    {\parbox{\dimexpr\textwidth-2\fboxsep\relax}{\noindent
        \hspace*{-6pt}\includegraphics[width=5.8cm]{/web/www.cheatography.com/public/images/cheatography_logo.pdf}}
    }
\end{tabulary}
\columnbreak
\begin{tabulary}{11cm}{L}
    \vspace{-2pt}\large{\bf{\textcolor{DarkBackground}{\textrm{Types of Business Organization Cheat Sheet}}}} \\
    \normalsize{by \textcolor{DarkBackground}{nelaorav} via \textcolor{DarkBackground}{\uline{cheatography.com/167833/cs/35765/}}}
\end{tabulary}
\end{multicols}}

\fancyfoot[L]{ \footnotesize
\noindent
\begin{multicols}{3}
\begin{tabulary}{5.8cm}{LL}
  \SetRowColor{FootBackground}
  \mymulticolumn{2}{p{5.377cm}}{\bf\textcolor{white}{Cheatographer}}  \\
  \vspace{-2pt}nelaorav \\
  \uline{cheatography.com/nelaorav} \\
  \end{tabulary}
\vfill
\columnbreak
\begin{tabulary}{5.8cm}{L}
  \SetRowColor{FootBackground}
  \mymulticolumn{1}{p{5.377cm}}{\bf\textcolor{white}{Cheat Sheet}}  \\
   \vspace{-2pt}Not Yet Published.\\
   Updated 28th November, 2022.\\
   Page {\thepage} of \pageref{LastPage}.
\end{tabulary}
\vfill
\columnbreak
\begin{tabulary}{5.8cm}{L}
  \SetRowColor{FootBackground}
  \mymulticolumn{1}{p{5.377cm}}{\bf\textcolor{white}{Sponsor}}  \\
  \SetRowColor{white}
  \vspace{-5pt}
  %\includegraphics[width=48px,height=48px]{dave.jpeg}
  Measure your website readability!\\
  www.readability-score.com
\end{tabulary}
\end{multicols}}




\begin{document}
\raggedright
\raggedcolumns

% Set font size to small. Switch to any value
% from this page to resize cheat sheet text:
% www.emerson.emory.edu/services/latex/latex_169.html
\footnotesize % Small font.

\begin{multicols*}{3}

\begin{tabularx}{5.377cm}{x{2.4885 cm} x{2.4885 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Different types of businesses}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Why are there different types of businesses?}}}} & resources on their own cannot satisfy our N\&W, they need to be organized \tn 
% Row Count 4 (+ 4)
% Row 1
\SetRowColor{white}
 & decisions need to be made \tn 
% Row Count 6 (+ 2)
% Row 2
\SetRowColor{LightBackground}
{\bf{{\emph{Entrepreneur}}}} & a person who makes decisions on how to organized resources and owns a business \tn 
% Row Count 10 (+ 4)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{2.4885 cm} x{2.4885 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Types of firms}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Public corporation or nationalized industries}}}} & owned by government and part of public sector \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
{\bf{{\emph{Co-operatives}}}} & either owned by shoppers or by workers \tn 
% Row Count 5 (+ 2)
% Row 2
\SetRowColor{LightBackground}
{\bf{{\emph{Private firms}}}} & owned by individuals and can vary in size \tn 
% Row Count 8 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{Co-operatives and private firms are part of the private sector.}  \tn 
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.89126 cm} x{3.08574 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Main types of private sector BOs in the UK}}  \tn
% Row 0
\SetRowColor{LightBackground}
\mymulticolumn{2}{x{5.377cm}}{{\bf{{\emph{Private sector business organizations}}}}} \tn 
% Row Count 1 (+ 1)
% Row 1
\SetRowColor{white}
{\bf{Uncorporated business}} & don't have separate legal identity from their owners \tn 
% Row Count 4 (+ 3)
% Row 2
\SetRowColor{LightBackground}
 & soletrader, partnership - unlimited liability \tn 
% Row Count 6 (+ 2)
% Row 3
\SetRowColor{white}
{\bf{Incorporated business}} & limited company with its own legal identity, separate from the identity of shareholders/owners \tn 
% Row Count 10 (+ 4)
% Row 4
\SetRowColor{LightBackground}
 & private limited company (Ltd), public limited company (PLC) \tn 
% Row Count 13 (+ 3)
% Row 5
\SetRowColor{white}
 & the owners/shareholders have limited liability \tn 
% Row Count 15 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{2.4885 cm} x{2.4885 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Starting a business}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{**What should entrepreneur consider?}} & how to finance and manage the new business, and how much risk he or she is willing to take \tn 
% Row Count 5 (+ 5)
% Row 1
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{{\bf{{\emph{4 questions}}}}} \tn 
% Row Count 6 (+ 1)
% Row 2
\SetRowColor{LightBackground}
{\bf{Will I have enough money?}} & to start a business entrepreneur needs capital (financial assets) \tn 
% Row Count 10 (+ 4)
% Row 3
\SetRowColor{white}
 & capital is fixed (capital goods - DM) or working (money used to pay running costs like wages, bills for electricity, telephones, purchasing material, etc.) \tn 
% Row Count 18 (+ 8)
% Row 4
\SetRowColor{LightBackground}
 & soletraders have enough money on their own (savings, loan, etc.) but in partnership or limited company each person gives in a sum of money and the capital is sum of that money \tn 
% Row Count 27 (+ 9)
% Row 5
\SetRowColor{white}
{\bf{Can I manage the bussines alone?}} & disadvantages - long working hours, not enough skills, etc. \tn 
% Row Count 30 (+ 3)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{x{2.4885 cm} x{2.4885 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Starting a business (cont)}}  \tn
% Row 6
\SetRowColor{LightBackground}
 & advantages - no sharing profit, easier decision-making, etc. \tn 
% Row Count 3 (+ 3)
% Row 7
\SetRowColor{white}
\mymulticolumn{2}{x{5.377cm}}{{\bf{Do I want to share ownership of my business and any profits?}}} \tn 
% Row Count 5 (+ 2)
% Row 8
\SetRowColor{LightBackground}
{\bf{Am I prepared to risk everything I own?}} & different types of organizations involve different levels of risk, there is limited or unlimited liability \tn 
% Row Count 11 (+ 6)
% Row 9
\SetRowColor{white}
{\emph{Owner's liability}} & financial responsibility of the owner for business failrs or debts \tn 
% Row Count 15 (+ 4)
% Row 10
\SetRowColor{LightBackground}
{\emph{Unlimited liability}} & the owner of a business are legally responsible for the full mount of its debts \tn 
% Row Count 19 (+ 4)
% Row 11
\SetRowColor{white}
{\emph{Limited liability}} & their legal responsibility to repay its debts is limited to the amount of capital they invest in the business \tn 
% Row Count 25 (+ 6)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.4931 cm} x{3.4839 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Sole trader}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{sole trader}}}} & a business organization owned and controlled by one person, he may employ other people to work in the business, but it will have only one owner \tn 
% Row Count 6 (+ 6)
% Row 1
\SetRowColor{white}
 & most sole traders finance their business alone, they operate form home, modern technology is decreacing their costs and allows them to keep in touch with people \tn 
% Row Count 12 (+ 6)
% Row 2
\SetRowColor{LightBackground}
 & banks are unwilling to lend money to them due to a high risk of failure, many close down during their first months or year of operation \tn 
% Row Count 17 (+ 5)
% Row 3
\SetRowColor{white}
 & {\bf{{\emph{unlimited liability}}}} \tn 
% Row Count 18 (+ 1)
% Row 4
\SetRowColor{LightBackground}
 & capital is owned by sole trader, small range of Gs\&Ss produced, profit belongs to sole trader, makes decisions alone, personal attitude to customers \tn 
% Row Count 24 (+ 6)
% Row 5
\SetRowColor{white}
{\bf{Advantages}} & Provides personal service for customers \tn 
% Row Count 26 (+ 2)
% Row 6
\SetRowColor{LightBackground}
 & The sole trader is his own boss \tn 
% Row Count 28 (+ 2)
% Row 7
\SetRowColor{white}
 & The sole trader receives all the profit \tn 
% Row Count 30 (+ 2)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{x{1.4931 cm} x{3.4839 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Sole trader (cont)}}  \tn
% Row 8
\SetRowColor{LightBackground}
 & It is easy to set up a sole trader business \tn 
% Row Count 2 (+ 2)
% Row 9
\SetRowColor{white}
{\bf{Disadvantages}} & Unlimited liability \tn 
% Row Count 4 (+ 2)
% Row 10
\SetRowColor{LightBackground}
 & The sole trader has full responsibility \tn 
% Row Count 6 (+ 2)
% Row 11
\SetRowColor{white}
 & Sole trader lacks capital \tn 
% Row Count 7 (+ 1)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.9908 cm} x{2.9862 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Partnership}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{partnership}}}} & legal agreement between two or more people, usually no more than 20 \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
 & they run business jointly, share profits \tn 
% Row Count 5 (+ 2)
% Row 2
\SetRowColor{LightBackground}
{\bf{the deed if partnership}} & a legal document where partnership is set up, it sets out the terms of the partnership (how much moeny each partner invested, what is their role, etc.) \tn 
% Row Count 12 (+ 7)
% Row 3
\SetRowColor{white}
{\bf{{\emph{Ordinary partnership}}}} & unlimited liabitly \tn 
% Row Count 14 (+ 2)
% Row 4
\SetRowColor{LightBackground}
{\bf{{\emph{Limited partnership}}}} & {\bf{{\emph{some partners}}}} have limited liability while some are sleeping partners (a partner who invests money but is not involved in the day-to-day running of the firm) \tn 
% Row Count 21 (+ 7)
% Row 5
\SetRowColor{white}
{\bf{Advantages}} & New skills and ideas to the business \tn 
% Row Count 23 (+ 2)
% Row 6
\SetRowColor{LightBackground}
 & More partners mean more money for the business \tn 
% Row Count 25 (+ 2)
% Row 7
\SetRowColor{white}
 & Partners can help in decision-making \tn 
% Row Count 27 (+ 2)
% Row 8
\SetRowColor{LightBackground}
{\bf{Disadvantages}} & Partners may disagree \tn 
% Row Count 29 (+ 2)
% Row 9
\SetRowColor{white}
 & Unlimited liability \tn 
% Row Count 30 (+ 1)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{x{1.9908 cm} x{2.9862 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Partnership (cont)}}  \tn
% Row 10
\SetRowColor{LightBackground}
 & Lacks capital (is limited by 20 people) \tn 
% Row Count 2 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.89126 cm} x{3.08574 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Join stock company}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Joint stock company}}}} & limited companies \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
 & they sell shares to investors in order to raise capital \tn 
% Row Count 5 (+ 3)
% Row 2
\SetRowColor{LightBackground}
 & they are incorporated (they have their own legal identity and can sue and own assets) \tn 
% Row Count 9 (+ 4)
% Row 3
\SetRowColor{white}
 & partnership is divided into equal parts called shares \tn 
% Row Count 12 (+ 3)
% Row 4
\SetRowColor{LightBackground}
{\bf{Board of directors}} & shareholders are allowed to choose BoD to run the company on a daily basis \tn 
% Row Count 16 (+ 4)
% Row 5
\SetRowColor{white}
 & this is done by voting at shareholders' meeting (annual general meeting), the controlling interest is when over 50\% of companies shares are bought by one person \tn 
% Row Count 23 (+ 7)
% Row 6
\SetRowColor{LightBackground}
{\bf{Share}} & a piece of paper that states that the person who holds it has paid fot part of the company and now has a share in its ownership \tn 
% Row Count 29 (+ 6)
% Row 7
\SetRowColor{white}
 & the value printed on the share (its face value) is the price at which the company first sold the share \tn 
% Row Count 34 (+ 5)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{x{1.89126 cm} x{3.08574 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Join stock company (cont)}}  \tn
% Row 8
\SetRowColor{LightBackground}
 & profit is paid to shareholders in form of dividends \tn 
% Row Count 3 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.4931 cm} x{3.4839 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Ltd - Private limited company}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Ltd}}}} & only sell shares privately to investors known to the existing shareholders \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
 & 1 or more shareholders who own the business and receive profits \tn 
% Row Count 6 (+ 3)
% Row 2
\SetRowColor{LightBackground}
 & shareholders cannot be sued \tn 
% Row Count 7 (+ 1)
% Row 3
\SetRowColor{white}
 & limited liability \tn 
% Row Count 8 (+ 1)
% Row 4
\SetRowColor{LightBackground}
 & shares are sold privately \tn 
% Row Count 9 (+ 1)
% Row 5
\SetRowColor{white}
 & publish annual accounts \tn 
% Row Count 10 (+ 1)
% Row 6
\SetRowColor{LightBackground}
{\bf{Advantages}} & Limited liability \tn 
% Row Count 12 (+ 2)
% Row 7
\SetRowColor{white}
 & No managment worries - dealt with by AGM \tn 
% Row Count 14 (+ 2)
% Row 8
\SetRowColor{LightBackground}
 & Company has a separate legal identity - the name of the company can be sued but not owners \tn 
% Row Count 18 (+ 4)
% Row 9
\SetRowColor{white}
{\bf{Disadvantages}} & Must disclose info about them to the general public \tn 
% Row Count 20 (+ 2)
% Row 10
\SetRowColor{LightBackground}
 & Must hold an AGM \tn 
% Row Count 21 (+ 1)
% Row 11
\SetRowColor{white}
 & Original owners may lose control (lose 51\%) \tn 
% Row Count 23 (+ 2)
% Row 12
\SetRowColor{LightBackground}
 & Profit is taxed twice by the government (profit is taxed and dividends are taxed as well) \tn 
% Row Count 27 (+ 4)
% Row 13
\SetRowColor{white}
 & Can't sell shares on the Stock Exchange Market \tn 
% Row Count 29 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.4931 cm} x{3.4839 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Plc - Public limited company}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Plc}}}} & minimum of 2 shareholders, who own the company and receive profits \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
 & shares can be sold on Stock Exchange Market, public listing and issue of new shares for sale in a company is callef flotation \tn 
% Row Count 8 (+ 5)
% Row 2
\SetRowColor{LightBackground}
 & going poublic means company obtains a full listing allowing it to be listed on the SEM as a business that is able to sell shares on the market \tn 
% Row Count 14 (+ 6)
% Row 3
\SetRowColor{white}
 & shareholders cannot be sued \tn 
% Row Count 15 (+ 1)
% Row 4
\SetRowColor{LightBackground}
 & limited liability \tn 
% Row Count 16 (+ 1)
% Row 5
\SetRowColor{white}
 & publish annual accounts \tn 
% Row Count 17 (+ 1)
% Row 6
\SetRowColor{LightBackground}
 & hold AGMs, directors run the company \tn 
% Row Count 19 (+ 2)
% Row 7
\SetRowColor{white}
{\bf{Advantages}} & Can sell shares on the Stock Exchange Market \tn 
% Row Count 21 (+ 2)
% Row 8
\SetRowColor{LightBackground}
 & Can advertise their shares \tn 
% Row Count 22 (+ 1)
% Row 9
\SetRowColor{white}
{\bf{Disadvantages}} & Expensive to form - many legal documents, advertisement, etc. \tn 
% Row Count 25 (+ 3)
% Row 10
\SetRowColor{LightBackground}
 & Original owners may lose control (lose 51\%) \tn 
% Row Count 27 (+ 2)
% Row 11
\SetRowColor{white}
 & May be a divorce of ownership form control (own the shares but do not control or vote) \tn 
% Row Count 31 (+ 4)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{x{1.4931 cm} x{3.4839 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Plc - Public limited company (cont)}}  \tn
% Row 12
\SetRowColor{LightBackground}
 & May face management problems - may be too large to manage \tn 
% Row Count 3 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{2.4885 cm} x{2.4885 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Co-operatives}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Co-operatives}}}} & autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned and \seqsplit{democratically-controlled} interpirse \tn 
% Row Count 10 (+ 10)
% Row 1
\SetRowColor{white}
 & cooperatives have {\bf{{\emph{members}}}} not shareholders \tn 
% Row Count 13 (+ 3)
% Row 2
\SetRowColor{LightBackground}
 & main aim is to provide benefits for its owners (members) and each member has an equal share regardless of how much money they put in \tn 
% Row Count 20 (+ 7)
% Row 3
\SetRowColor{white}
{\bf{Worker co-operatives}} & organizations owned by their workers (famring co-operatives) \tn 
% Row Count 23 (+ 3)
% Row 4
\SetRowColor{LightBackground}
 & they pool money to buy equipment and share equally in decision making and any business profits \tn 
% Row Count 28 (+ 5)
% Row 5
\SetRowColor{white}
{\bf{Co-operative Development Agency - CDA}} & provides advice and financial assistance to help employees to buy the firm the woekd for - most WC are formed by taking over small manufacturing business that were facing closure \tn 
% Row Count 37 (+ 9)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{x{2.4885 cm} x{2.4885 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Co-operatives (cont)}}  \tn
% Row 6
\SetRowColor{LightBackground}
{\bf{Advantages}} & popular - workers themselves are in charge and everyone has an equal say \tn 
% Row Count 4 (+ 4)
% Row 7
\SetRowColor{white}
 & workers receive the profit they make - paid out as dividends; there are two was how to split the profit - workers get shares regardless of how much money they put it or they get according to how much they put in \tn 
% Row Count 15 (+ 11)
% Row 8
\SetRowColor{LightBackground}
{\bf{Disadvantages}} & difficult to raise money \tn 
% Row Count 17 (+ 2)
% Row 9
\SetRowColor{white}
 & have a tendency to be badly run due to lack of skills \tn 
% Row Count 20 (+ 3)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{2.04057 cm} x{2.93643 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Consumer co-operatives}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Consumer co-operatives}}}} & retailing businesses run for the benefit of their consumers \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
 & any profit made in retail co-operatives is given back to their consumers as dividens or by keeping low costs \tn 
% Row Count 8 (+ 5)
% Row 2
\SetRowColor{LightBackground}
{\bf{Principles}} & modern co-operatives we owned by their members \tn 
% Row Count 10 (+ 2)
% Row 3
\SetRowColor{white}
 & anyone can become a member for as much as 1€ \tn 
% Row Count 12 (+ 2)
% Row 4
\SetRowColor{LightBackground}
 & members elect a board of directors to run the co-operative \tn 
% Row Count 15 (+ 3)
% Row 5
\SetRowColor{white}
 & each member is allowed one vote regardless of the number of shares they hold \tn 
% Row Count 19 (+ 4)
% Row 6
\SetRowColor{LightBackground}
 & profits are shared among members \tn 
% Row Count 21 (+ 2)
% Row 7
\SetRowColor{white}
 & are managed by organization \tn 
% Row Count 23 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.54287 cm} x{3.43413 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Franchising}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Franchising}}}} & arrangement in which the owner of a business system grants to and individual or a group of individuals the right to run a business selling a product or providing a service using the franchisor's business system \tn 
% Row Count 8 (+ 8)
% Row 1
\SetRowColor{white}
{\bf{the franchisor}} & person who owns a business \tn 
% Row Count 10 (+ 2)
% Row 2
\SetRowColor{LightBackground}
{\bf{the franchisee}} & individual or a group of people given the approval to run certain business from the franchisor using his methods \tn 
% Row Count 15 (+ 5)
% Row 3
\SetRowColor{white}
 & they sell the same products (+-), use trademarks, expensive equipment, goods and services \tn 
% Row Count 19 (+ 4)
% Row 4
\SetRowColor{LightBackground}
 & in return franchisee pays one-time fee or commission to franchisor and some share of revenue \tn 
% Row Count 23 (+ 4)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{2.43873 cm} x{2.53827 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Multinationals}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Multinationals}}}} & firm is in more than one country, its HQs are in one country \tn 
% Row Count 3 (+ 3)
% Row 1
\SetRowColor{white}
 & usually some of the largest firms (Coca-Cola, Nike, etc.) \tn 
% Row Count 6 (+ 3)
% Row 2
\SetRowColor{LightBackground}
{\bf{Advantages for countries}} & they provide jobs \tn 
% Row Count 8 (+ 2)
% Row 3
\SetRowColor{white}
 & bring business knowleadge, skills and technology \tn 
% Row Count 11 (+ 3)
% Row 4
\SetRowColor{LightBackground}
 & may pay taxes that boost government funds \tn 
% Row Count 14 (+ 3)
% Row 5
\SetRowColor{white}
 & bring money to the country by selling Gs\&Ss \tn 
% Row Count 17 (+ 3)
% Row 6
\SetRowColor{LightBackground}
{\bf{Disadvantages for a country}} & they move factories accornig to how profitable it is for them \tn 
% Row Count 21 (+ 4)
% Row 7
\SetRowColor{white}
 & may force local competitors out of business \tn 
% Row Count 24 (+ 3)
% Row 8
\SetRowColor{LightBackground}
 & move profit between countries to avoid paying taxes \tn 
% Row Count 27 (+ 3)
% Row 9
\SetRowColor{white}
 & some may exploit their workers \tn 
% Row Count 29 (+ 2)
% Row 10
\SetRowColor{LightBackground}
 & they may exploit natural resources and damage environment \tn 
% Row Count 32 (+ 3)
\end{tabularx}
\par\addvspace{1.3em}

\vfill
\columnbreak
\begin{tabularx}{5.377cm}{x{2.43873 cm} x{2.53827 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Multinationals (cont)}}  \tn
% Row 11
\SetRowColor{LightBackground}
 & they may use their power to get generous subsidies and tax advantages from host countries \tn 
% Row Count 5 (+ 5)
% Row 12
\SetRowColor{white}
 & some may interfere in the government of a country \tn 
% Row Count 8 (+ 3)
% Row 13
\SetRowColor{LightBackground}
{\bf{Advantages of being a multinational}} & reach more consumers globally \tn 
% Row Count 11 (+ 3)
% Row 14
\SetRowColor{white}
 & avoid trade barriers by strategic locations \tn 
% Row Count 14 (+ 3)
% Row 15
\SetRowColor{LightBackground}
 & minimize transport costs \tn 
% Row Count 16 (+ 2)
% Row 16
\SetRowColor{white}
 & minimize wage costs \tn 
% Row Count 17 (+ 1)
% Row 17
\SetRowColor{LightBackground}
 & raise significant amount of new capital \tn 
% Row Count 19 (+ 2)
% Row 18
\SetRowColor{white}
 & great economies of scale \tn 
% Row Count 21 (+ 2)
% Row 19
\SetRowColor{LightBackground}
 & lower chance of going bankrupt \tn 
% Row Count 23 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.89126 cm} x{3.08574 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Public corporation}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Public corporation}}}} & controlled by government minister \tn 
% Row Count 2 (+ 2)
% Row 1
\SetRowColor{white}
 & most are responsible for producing day-to-day running of industries owned and controlled by central government which sells Gs\&Ss directly to the consumers \tn 
% Row Count 9 (+ 7)
% Row 2
\SetRowColor{LightBackground}
 & each has a BoD responsible for day-to-day running \tn 
% Row Count 12 (+ 3)
% Row 3
\SetRowColor{white}
 & separate legal identity apart from state \tn 
% Row Count 14 (+ 2)
% Row 4
\SetRowColor{LightBackground}
 & financed by revenues from the sale of its services to consumers and by government grants \tn 
% Row Count 18 (+ 4)
% Row 5
\SetRowColor{white}
 & Must disclose info about them to the general public \tn 
% Row Count 21 (+ 3)
% Row 6
\SetRowColor{LightBackground}
 & do not have to make an overall profit \tn 
% Row Count 23 (+ 2)
% Row 7
\SetRowColor{white}
 & may be allowed by central government to retain all or some profit to improve their services \tn 
% Row Count 27 (+ 4)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{2.38896 cm} x{2.58804 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Nationalization}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Nationalization}}}} & transfer of an ownership of industry from private to public sector \tn 
% Row Count 4 (+ 4)
% Row 1
\SetRowColor{white}
{\bf{Why were industries nationalized?}} & to control natural monopolies \tn 
% Row Count 6 (+ 2)
% Row 2
\SetRowColor{LightBackground}
 & for safety reasons (nuclear energy, etc.) \tn 
% Row Count 9 (+ 3)
% Row 3
\SetRowColor{white}
 & to protect employment \tn 
% Row Count 11 (+ 2)
% Row 4
\SetRowColor{LightBackground}
 & to maintain a public service \tn 
% Row Count 13 (+ 2)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}

\begin{tabularx}{5.377cm}{x{1.59264 cm} x{3.38436 cm} }
\SetRowColor{DarkBackground}
\mymulticolumn{2}{x{5.377cm}}{\bf\textcolor{white}{Privatization}}  \tn
% Row 0
\SetRowColor{LightBackground}
{\bf{{\emph{Privatization}}}} & the sale of shares in government owned nationalized industried to the general public and private sector firms \tn 
% Row Count 5 (+ 5)
% Row 1
\SetRowColor{white}
{\bf{Supporters}} & higher competition \tn 
% Row Count 7 (+ 2)
% Row 2
\SetRowColor{LightBackground}
 & wider range of Gs\&Ss \tn 
% Row Count 8 (+ 1)
% Row 3
\SetRowColor{white}
 & sale of shares raises revenue for the government \tn 
% Row Count 10 (+ 2)
% Row 4
\SetRowColor{LightBackground}
 & private individuals can ows shares and vote on how they should be run \tn 
% Row Count 13 (+ 3)
% Row 5
\SetRowColor{white}
{\bf{Objectors}} & privatized industries still dominate the market and raise prices and cut services \tn 
% Row Count 16 (+ 3)
% Row 6
\SetRowColor{LightBackground}
 & private sector will no protect public services \tn 
% Row Count 18 (+ 2)
% Row 7
\SetRowColor{white}
 & most shares in privatized oganizations have been bought by large financial organizations such as bankc, insurance companies which are interested only in making big profits or storing money \tn 
% Row Count 25 (+ 7)
\hhline{>{\arrayrulecolor{DarkBackground}}--}
\end{tabularx}
\par\addvspace{1.3em}


% That's all folks
\end{multicols*}

\end{document}