Sole trader

Descrição

Mapa Mental sobre Sole trader, criado por Georgie-May Rahim em 07-11-2016.
Georgie-May Rahim
Mapa Mental por Georgie-May Rahim, atualizado more than 1 year ago
Georgie-May Rahim
Criado por Georgie-May Rahim mais de 9 anos atrás
1
0

Resumo de Recurso

Sole trader
  1. Disadvantage
    1. you have unlimited liability for debts as there's no legal distinction between private and business assets.
      1. your capacity to raise capital is limited.
        1. all the responsibility for making day-to-day business decisions is yours. retaining high-calibre employees can be difficult.
          1. you’re taxed as a single person
            1. the life of the business is limited.
            2. Advantages
              1. you’re the boss
                1. you keep all the profits
                  1. it’s easy to change your legal structure later if circumstances change
                    1. you can easily wind up your business

                    Semelhante

                    Business Unit 1 - Starting A Business
                    Dina Hamed
                    IGCSE Business - Types of Business
                    Michelle Parker
                    Business Studies Keywords
                    tilt
                    Sole Trader
                    Brody Moodie
                    Organisation Options
                    Eoin Keenan Quinn
                    principlesof business(POB)
                    anna alexander
                    Notes 2
                    Salman Rana
                    Types of ownership
                    12fonsecah
                    Noes 3
                    Salman Rana
                    Business Unit 1 - Starting A Business
                    emilymanning2000
                    Business Unit 1 - Starting A Business
                    EMI D