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Words: 3,314 | Submitted: Sat Dec 01 2007
... Mr and Mrs Carter which means that they are liable if the business goes bankrupt. The ownership type for China Pkace is Limited Company. All limited companies are incorporated, which means they can sue or own assets in their own right. Their owners are not personally liable for the firm's debts (limited liability). The ownership of a limited company is divided up into equal parts called shares. Whoever owns one or more of these is called a shareholder. Opening hours: * 10am-8pm weekdays * 10am-7pm Saturdays * 10am-5pm Sundays There are approximately 5000 customer transactions being made each week. Employees at China Place * 2 full-time workers * 7 part-time workers * 6 weekend workers. * China Place Aims * For business survival * Making a profit, to breakeven. * To provide an income for the family. * China Place Objectives * Providing products to consumers through offering a high quality service. * To create good working relationships with suppliers in order to make better ...
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