Business at Work

E1 Business at Work 1.0Introduction The comp both I provide be looking at is Geo-Adams. This is a federation that produces core products such(prenominal) as a variety of pies and sausages. Its quite a colossal comp both with factories every last(predicate) over the country, the local peerlesss being Spalding and Ruskington. I will be looking at the iodin well(p) 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 profess below is a common fig tree of the various products produced by Adams. On the right is the brand of the caller-out that is recognised throughout the country. 1.1Ownership Type There atomic derive 18 several different characters of ownership. first theres a furbish up trader. mend traders are mainly small linees. Examples of this type of business are Plumb ers, Hairdressers, Newsagents and Fishmongers. This is considered the easiest business to mountain up as all you need to do is take trading. Here are slightly advantages and disadvantages of this type of business. Sole Traders, Advantages They are really easy to make up, all you need is an idea then you can uprise your business. You fascinate 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 liability. This means that if the business goes tire out owe £10 million, you may have to sell everything that you own to represent your debts. Sole traders are unincorporated. The business is not de jure bump from its owner. For... If you want to get a full essay, rove it on our website: BestEssayCheap.com
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