Source: http://en.wikipedia.org/wiki/Public_company
Advantages
It is able to raise funds and capital through the sale of its securities. This is the reason why public corporations are so important: prior to their existence, it was very difficult to obtain large amounts of capital for private enterprises.
In addition to being able to easily raise capital, public companies may issue their securities as compensation for those that provide services to the company, such as their directors, officers, and employees.
A private company also has several advantages. It has no requirement to publicly disclose much, if any financial information; such information could be useful to competitors. For example, Form 10-K is an annual report required by the SEC each year that is a comprehensive summary of a company's performance. Private companies do not file form 10-Ks. It is less pressured to "make the numbers"-to meet quarterly projections for sales and profits, and thus in theory able to make decisions that are best in the long-run. It spends less for certified public Accountants and other bureaucratic paperwork required of public companies by government regulations. For example, the Sarbanes-Oxley Act in the United States does not apply to private companies. The wealth and income of the owners remains relatively unknown by the public.
Advantages continued:
Disadvantages continued:
The advantages of being a first mover in an industry is that you compete directly with the already established gurus.
It's not a definite source of income, unlike being employed. because if your employed it would be illegal to not get payed.
The advantages of a syndicate business are receiving a larger experience for the price of a smaller one, everything is held to a higher standard, costs shared equally between partners. The disadvantages of a syndicate business are everything having to be shared with others, risks of standards not being met to the highest, costs may not be in ranges of one's affordability.
Some advantages of a partnership business is that the gains and losses are shared, you share the resposibilities, and it's easy to set up. But some disadvantages to a partnership business is that each partner is 'jointly and severally' liable for the partnership's debts; that is, each partner is liable for their share of the partnership debts as well as being liable for all the debts, there is a risk of disagreements and friction among partners and management, and each partner is an agent of the partnership and is liable for actions by other partners
Disadvantages: low base pay, antisocial hours, no career progression, being looked down on by society, bad working conditions e.g. being burned. Being easily replaceable. Advantages: Easy to get even without references. And a few people make a lot of money. I found one hospitality job which would give me any hours I wanted, 16.5 hour shifts with free meals. I was spending practically nothing except rent and bringing in about £ British 25,000/yr. Other people make loads in tips, I've known people who can live off their tips and save 100% of their wages.
There are many advantages and disadvantages to being an unlisted company. Advantages would be being more private and not being overwhelmed with potential clients. However, there is more of a disadvantage than anything. Most people will not be able to search for your company online because it is unlisted, so you will lose out on money that way.
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Eddison did turn disadvantages into advantages by being positive and optimistic in life.
Advantages: Being Able to hear Disadvantages: Being Deaf, Having an ear infection isnt it obvious?
advantages: a lot of money disadvantages:none
nothing
its sux
sex
None.