Explain how sole traders, partnerships, private limited companies, public limited companies and not-for-profit organisations differ.

For this Business 8132 point, Explain how sole traders, partnerships, private limited companies, public limited companies and not-for-profit organisations differ sits within Legal structures and Business ownership for AQA GCSE Business 8132. Use a business such as Northline Gym serves repeat customers while raising prices; the case evidence includes unit contribution of ?6,936, sales of 721 units, and a 23% change in costs or demand to keep the explanation applied. The important reasoning is to connect partnership, sole trader, not-for-profit with the business objective, the financial implication, and the effect on lenders. Avoid treating cash flow and profit as the same thing. A high-quality answer should explain the commercial trade-off, use precise evidence, and finish with a judgement that depends on the context rather than a generic definition.