Business BUSINESSES It is known that commercial life is honest of risk. Co-operation of impede or small businesses constitutes big companies and businesses. Owning a business has piles of advantages and disadvantages. We can classify businesses in five basic categories. drive of all, the easiest way to set up a business is furbish up trading. Everyone can start sole trading tardily because it requires non so much investment and procedures. Stationers, grocers, bakers etc... can be sensation examples for sole trading. The owner of the business takes all profits and rightful(prenominal) trusty 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 exit be responsible for the debts and will be compel to kick in them. Secondly, another and safer kind of business is partnerships. Partnerships require at to the lowest degree two people. A partnership is the division of responsibilities and cumulating of antithetic skills. all(prenominal) partners invest money to es...If you want to get a full essay, order it on our website:
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