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

Business Report, Select an Australia based mobile service provider. This bu...

Select an Australia based mobile service provider. This business should have its operations in the Australian market and should have a legitimate website. Some of the options could

Hospitality and tourism market, hi, Can I ask you that my ticket ID EM2018...

hi, Can I ask you that my ticket ID EM201856MAI611BM, I got an offer yesterday and I just finish payment few more minutes ago. So can I get solution on time or no? Thank you to t

Nature of the key organisation, The aims of this assignment are for you to:...

The aims of this assignment are for you to: Develop your understanding of the nature of the key organisation perspectives and their related theories. Demonstrate an understa

Distinguish between business function and business process, QUESTION 1 ...

QUESTION 1 Enterprise Resource Planning (ERP) programs are software used by companies to manage information in every area of the business. ERP programs help manage company-wide

Conflicts in profit versus value maximization principle, Q. Conflicts in Pr...

Q. Conflicts in Profit versus Value Maximization Principle? 1) Conflict between Departmental Goal and Firm Goal: There are several departments in affirm such as sales departmen

Explain the characteristics of a traditional society, Question 1 Explai...

Question 1 Explain the four assumptions made by modernization theory about the process of social change in the Third World. Give your own examples to explain your discussion.

the fundamental considerations, a) Explain leadership styles to fit cultur...

a) Explain leadership styles to fit cultural differences and effectively operate in global markets. b) Explain the principal theories of leadership and motivation, and Explain t

The way of successful communication, Describe any situation in your experie...

Describe any situation in your experience where the communication was a failure. Analyze the barrier(s) which stood in the way of successful communication. Explain how you would ov

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