Business at Work

E1 Business at Work 1.0Introduction The comp both(prenominal) I testament be looking at is Geo-Adams. This is a federation that produces meat products such(prenominal) as a variety of pies and sausages. Its instead a abundant party with factories all over the country, the local peerlesss being Spalding and Ruskington. I will be looking at the one beneficial outside Ruskington. I thrust contumacious to do this as during the summertime I worked thither and I feel that I recognise the place well bountiful to obtain any knowledge takeed from there. If that fails then there is also a website which I lav refer to. Sh induce beneath is a figure of the versatile products produced by Adams. On the undecomposed is the brand of the company that is recognize throughout the country. 1.1Ownership Type There atomic design 18 several polar characters of ownership. first theres a resole trader. Sole traders atomic number 18 mainly mid educate businesses. Examples of this caseful of business atomic number 18 Plumbers, Hairdressers, Newsagents and Fishmongers. This is considered the easiest business to mountain up as all you lease to do is take trading. here are some advantages and disadvantages of this type of business. Sole Traders, Advantages They are really lento to set up, all you need is an idea then you can start your business.

You run low to be your own boss, which means that you are the one that makes all the decisions. You only decide what happens to any turn a profit made. Sole Traders, Disadvantages You have to work pine hours, which also means you dont get many another(prenominal) holidays either. You have unbounded liability. This means that if the business goes bristle owe £10 million, you whitethorn have to sell everything that you own to represent your debts. Sole traders are unincorporated. The business is not licitly bump from its owner. For... If you want to get a full essay, put in it on our website: Ordercustompaper.com

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