Business

Business BUSINESSES It is known that commercial life is full of risk. Co-operation of pack or small businesses constitutes big companies and businesses. Owning a business has wads of advantages and disadvantages. We can classify businesses in five basic categories. front of all, the easiest way to set up a business is furbish up trading. Everyone can start sole trading easily because it requires non so much investment and procedures. Stationers, grocers, bakers etc... can be adept examples for sole trading. The owner of the business takes all profits and rightful(prenominal) responsible for his own business.

He doesn?t have to enforce so many people, and it is easy to direct the company. If the company goes debt, he will be responsible for the debts and will be compel to pay them. Secondly, another and safer kind of business is partnerships. Partnerships require at least two people. A partnership is the division of responsibilities and cumulating of antithetic skills. All partners invest money to es...If you want to get a full essay, order it on our website: Ordercustompaper.com

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