business ownerships 1.0 / 5 based on 1 rating ? BusinessASEdexcel Created by: kiranCreated on: 06-01-13 14:55 sole trader owned and run by one individual 1 of 6 advantages easy to set up, not much capital needed and all the profits go to the owner 2 of 6 disadvantages holidays, ill days causes a problem as there is one person, unlimited liability, 3 of 6 partnerships 2-20 people within business 4 of 6 advantages ideas can be spread, individuals have specialised areas, work is spread 5 of 6 disadvatages profit is sharedm unlimited liability 6 of 6
Comments
No comments have yet been made