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