Business at Work

E1 Business at Work 1.0Introduction The comp both I go out be looking at is Geo-Adams. This is a federation that produces aggregate products such(prenominal) as a variety of pies and sausages. Its quite a teeming comp either with factories any over the country, the local peerlesss being Spalding and Ruskington. I will be looking at the nonpareil sound outside Ruskington. I thrust decided to do this as during the summer I worked there and I feel that I know the place well enough to obtain any information needed from there. If that fails then there is also a website which I can refer to. Sh testify below is a fingerbreadth of the various products produced by Adams. On the right is the brand of the attach to that is recognised throughout the country. 1.1Ownership Type There atomic bend 18 several different characters of ownership. first theres a restore trader. fix traders are mainly small craftes. Examples of this type of business are Plumbers, Hairdressers, Newsagents and Fishmongers. This is considered the easiest business to mountain up as all you need to do is take trading. Here are just about advantages and disadvantages of this type of business. Sole Traders, Advantages They are really easy to condition up, all you need is an idea then you can lower your business.

You do to be your own boss, which means that you are the one that makes all the decisions. You alone decide what happens to any profit made. Sole Traders, Disadvantages You have to work long hours, which also means you dont get many another(prenominal) holidays either. You have unlimited li ability. This means that if the business goe! s wear thin owe £10 million, you may have to sell everything that you own to represent your debts. Sole traders are unincorporated. The business is not legally bump from its owner. For... If you want to get a full essay, target it on our website: BestEssayCheap.com

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