The three main forms of business (sole traders, partnerships and private limited companies) are explained in this revision video as well as the difference between incorporated and unincorporated businesses.

VIDEO CHAPTERS
0:00 Introduction
0:16 Different forms of Business (Overview)
1:08 Unincorporated v Incorporated
2:28 Sole Traders
3:00 Benefits and Drawbacks of Operating as a Sole Trader
3:39 Partnerships
4:13 Benefits and Drawbacks of Operating in a Partnership
4:38 Incorporated Business is a "Company"
5:19 Limited Companies
5:31 Benefits and Drawbacks of Operating as Limited Company