As you know there are different types of Ownerships in a business such as a Sole Trader, Partnerships, Private Limited Company, Public Limited Company and Franchisees. Today, I am going to compare two Business's Aims, Objectives, Ownership and the purpose of the businesses.

Sunday 31 October 2010

David Lloyd

The Ownership of David Lloyd is a Sole Trader.
The Owner of David Lloyd is a Professional British tennis player named David Lloyd.

David Lloyd has around 6000 employees, including an expert health & fitness team of over 750 and more than 350 professional tennis players.
Not knowing the turnover, after looking at the profit it seems that the turnover would be very high.

However, David Lloyd did not make a profit in 2009, they made a loss of £241 million. For 2010, the results are still going on, which means that we will have to wait until the end of December for the results.

There are 78 clubs around the UK, which means that there must a lot of people working for David Lloyd.

David Lloyd is Medium business as they lost a lot of profit and had to close many branches. Many Large competitors have now entered the market, which means that there is more competition between the businesses.

David Lloyd is an European business as it is based in the UK and some places in Europe such as Amsterdam, Barcelona and Dublin. It is not based Global.

David Lloyd is a Secondary and Tertiary sector. Secondary because they provide a service such as Fitness machines and Sports facilities. Tertiary because to use the facilities and the machinery, you have to pay.

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