uld be a more efficient business unit. The advantages of a partnership in small firms are that there will be a greater number of resources available and more management expertise.
             Limited companies are very different in comparison to sole trader and partnership legal forms. Limited companies have a separate legal identity from there owners. The company is owned by its share holders and directors carry the legal responsibilities of the company.
             There are many differences between small and large firms. Tesco, being a large firm, offers many services such as:
             • Tesco Personal Finance – Offers services such as loans, credit cards, savings, mortgages and travel money
             • Tesco club card – A customer incentive where points are collected and then exchanged for products and services provided by Tesco. This promotes customer loyalty.
             • Tesco Insurance – Offers insurance cover for motor vehicles, homes, life, pets, travel and also breakdown cover
             • Tesco Telecoms – Offers services for home telephones, mobile telephones and Internet access.
             Tesco also has a website www.tesco.com which allows customers to do home shopping, find out information on offers, products and services offered by Tesco. They also offer general information such as company information and objectives.
             All of this has helped Tesco to increase there sales and profits. According to http://just-food.com , Tesco's market share increased to 26.4% at the end of 2003.
             Smaller firms like Spar convenience stores offer a variety bu
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