Private sector organisations are owned by individuals and shareholders. These businesses are driven by profit. The profit from private sector organisations benefits the owners, shareholders and investors. They are financed by private money from shareholders and banks.
In the UK, most of the goods and services available are provided by private sector businesses. Examples of private sector goods and services include broadband service providers, food shops, car dealerships and consumer goods companies, eg those selling electronic items such as TVs, fridges and laptops.
