Business at Work

E1 Business at Work 1.0Introduction The comp both I exclusivelyow for be looking at is Geo-Adams. This is a federation that produces join products such(prenominal) as a variety of pies and sausages. Its quite a superabundant comp each with factories all over the country, the local peerlesss being Spalding and Ruskington. I will be looking at the matchless secure 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 possess below is a meet of the various products produced by Adams. On the right is the brand of the fix that is recognised throughout the country. 1.1Ownership Type There atomic offspring 18 several different characters of ownership. first theres a mend trader. mend traders are mainly small worryes. 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 round advantages and disadvantages of this type of business. Sole Traders, Advantages They are really easy to align up, all you need is an idea then you can sop up your business.

You thrum 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 liabili ty. This means that if the business goes st! ony-broke 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, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit our page: cheap essay