Costs for natalie choosing to operate as a single trader, Business Management

Assignment Help:

However, there are also costs for Natalie choosing to operate as a single trader:

  • individual proprietors have limitless liability so this means that Natalie could possibly lose her personal possession in order to business any debts that she might incur
  • As a solitary trader, Natalie would find it difficult to protect various sources of Fund, especially as she does not trade a broad range of products
  • There might also be costs related to her confidential circumstance, e.g. loss of time with the family or child care

For maximum marks, there should be an analysis of both the potential benefits and costs

 


Related Discussions:- Costs for natalie choosing to operate as a single trader

Explain behavioural segmentation, QUESTION a) Elaborate on three advant...

QUESTION a) Elaborate on three advantages and three disadvantages of online survey. b) One to one marketing is a type of relationship marketing. Explain what is meant by thi

Compare e-commerce to e-business, Question: a) Decribe e-commerce from ...

Question: a) Decribe e-commerce from a communication and a commercial perspectives. b) Compare e-commerce to e-business. c) Distinguish between Click-and-mortar and Brick

What do you mean by total in total quality management, What do you mean by ...

What do you mean by total in total quality management? Total in Total Quality Management: It is stands for an overall integrated approach to all features of quality, all

Auto business question, An automobile manufacturer observes the demand for ...

An automobile manufacturer observes the demand for its brand increasing as per capita income increases. Sales increases also follow low interest rates, which ease credit conditions

Internal integration - organizational culture, Internal Integration - organ...

Internal Integration - organizational culture Culture helps members develop a collective identity and know how to work together effectively. It is culture that guides day-to-d

Main approaches to quality that are available to ld2, The LD2 group has gr...

The LD2 group has grown rapidly over the past five years by acquiring a number of smaller kitchen accessory manufacturers and kitchen suppliers and fitters. As a consequence of thi

Describe effective listening to your new recruits, QUESTION Effective c...

QUESTION Effective communication at the workplace is not entirely dependent on the speaker, but rather it also relies on the receiver's ability to grasp the message. As the Hum

What is morale in terms of measurement, What is Morale in terms of measurem...

What is Morale in terms of measurement? Morale: Morale is level like either high or low or a measure of extent of voluntary cooperation illustrated by an individual or a

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd