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

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

International Business, select a product and a country that you want to exp...

select a product and a country that you want to export, trade manufacture or doing business. write your proposal to fulfill all the requirement

What are the barriers to successful communication, What are the barriers to...

What are the barriers to successful communication? Barriers to Successful Communication: A barrier to successful communication does not allow the transmission of accurate

Write a press report of reassure the international community, QUESTION 1 ...

QUESTION 1 History is replete with cases where organizations fail as a result of poor or no communication especially in periods of crises. With what you have learnt from the lo

What are the benefits of effective business communication, QUESTION 1 a...

QUESTION 1 a) Explain the seven elements involved in a Communication Process b) With reference to the 7C's and 4S's, explain how communication can be improved in a business

Explain the task of research and development wing, Q. Discuss the main task...

Q. Discuss the main task of Research and Development (R & D) wing in the context of development of modern society? Ans. THE MAIN TASK OF RESEARCH AND DEVELOPMENT In the l

Types of quality audits, Compare various types of quality audits, and recom...

Compare various types of quality audits, and recommend TWO (2) types of audits suitable for the subject. Explain how those audits can help to assess whether subject's quality effor

You are employed by an events management company and, You are employed by a...

You are employed by an events management company and your team is tasked with managing the project planning and events management for a tour involving a number of events. Your clie

Resources of Business, I want to know what are the resources of Business??

I want to know what are the resources of Business??

Philosophical Ethics & Business, First, think about your own upbringing and...

First, think about your own upbringing and values when faced with an ethical decision, whether it is in a business environment or not. How are your beliefs the same as or differe

How to handle conflict within organization, Question 1: (a) As a manag...

Question 1: (a) As a manager, describe in detail how you would proceed with the introduction of new technology in your organization. (b) Describe the various strategies tha

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages