Legal Ownership

Beschreibung

legal ownership
connorgibson70
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Zusammenfassung der Ressource

Legal Ownership
  1. Sole Trader
    1. advantages
      1. All of the profits are for one person
        1. all decisions are made by one person
        2. disadvantages
          1. all bills are paid by the single owner
            1. all goods are paid for by the single owner
              1. all decisions are made by one person
              2. Kurt Geiger- made a turnover of £162m by selling fashion items most notably the scene leather boots. Which brings in a whopping £390 per pair.
                1. Window cleaner
                2. Partnership
                  1. ideas can be shared by owners
                    1. bills and costs are shared
                      1. arguments can arise over disagreements within the business
                        1. advantages
                          1. disadvantages
                            1. profits are shared
                              1. Ben and Jerry's
                                1. Google
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