... and reports on television. It is a very popular business in the form of a PLC and therefore I have Chosen this business. I have chosen Errol Anderson, as my Sole-Trader because my teacher recommended me to do this Sole-Trader if ...

... of a service the owner would give the customer. Then also made some interesting annotations of some key points which only that type of business would use and how the owner went along with it. Sole trader The sole trader investigated was ...

... it simple Respect for the individual Treat every £ as your own Business Priorities GOAL AND VALUES Making Sainsbury's great again Our goal At Sainsbury's we will deliver an ever improving quality shopping experience for our customers with great product at fair prices. ...

... willing to lend to partners. Some partnerships have sleeping partners, who invest money but take no part in the management of the business. * It can be comforting for partners not to have sole responsibility for a business, especially when major ...

... and Bill, whether used for the purpose of the business or not, are legally available to the firm's creditor's. Also any creditor to Stan or Bill for debts unrelated with the partnership can seize partnership assets to the degree of ...

... how to deal with risks. Employment Rights Act 1996 This is where an employee begins employment with an employer. Gives employees the right to a written contract after two months of work for maternity leave , minimum period notice, right to redundancy ...

... business is new as well so sales at first will not be very high and I will therefore need to keep costs down. * The cost of labour- Labour costs are what It costs a business to hire workers, for ...

... that it is today. Max and Monty each own twenty-five percent of the business, with the remaining ownership being held by their two aunts. The two aunts, Wilma and Betty, are both in their early eighties and provide no significant activity ...

... be needed. When it is the actual holiday times such as the summer holiday or then there will be no pay for the holiday time taken because this is one of the busiest times for the shop and the most ...

... are three main ways to motivate workers to be more committed to their job and work more effectively: Job rotation (swapping a workers round and only doing a specific task for a limited time before swapping round again). Job enlargement (extra tasks ...

... the business of Mr.Turner. Capital In order to purchase the business he required capital (money). Therefore Errol got money from some places and people. He spoke to his family and they were willing to lend him some money. Mr.Turner was willing to ...

... Product Price Promotion Place I decided to locate my business in Norwich because it is area that I know well and I know what competition is in the area. My shop will be called Serious Sound and hopefully we should be able ...

... was established under the National Bank of Pakistan Ordinance 1949 in Pakistan. National Bank of Pakistan is providing every possible facility to nation's socio-economic development. It also undertakes Government Treasury operations. It is the largest contributory agent of Government and ...

... is possible for Nocha to loose everything, this is the same case in partnership unless one of the partners takes unlimited liability and then the other has limited liability. The sole trader is unincorporated. This means that the business and ...

... will handle the formation for you. In many cases this will tend to be the most expensive route with many professionals charging anything from £100 to £250 for forming a company, although this should ensure your company is formed correctly. ...

... are partnership, limited liability companies and franchises. Partnership A partnership is an agreement between two or more people to take joint responsibility for the running of a business, to share in the profits and to share the risks. There will also ...

... is the title given to the person that owns the business and these are the advantages and disadvantages of a sole trader: ADVANTAGES DISADVANTAGES * EASY TO SET UP * EAST TO RUN * TAX ADVANTAGES * TOTAL CONTROL * PROFITS * FLEXIBILITY * UNLIMITED LIABILTY * LACK OF CONTINUITY * ...

... To obtain capital for a business To get someone to share the work and responsibility of running a business To add new skills to the business. Deed of Partnership This is a very important document and is the contract that sets out the terms ...

... success. Customers are very important because they are the people that buy Marks and Spencer's products and help them to continue making substantial amounts of money. This is what makes them stakeholders within the business. Customers would contact the business. ...

... more efficient products to its customers. I think this website is trying to communicate with its owners and shareholders, customers, local community and authority. I think Tesco's do this because if they are able to advertise and promote their company ...

... link to a money-off voucher To promote Used when examples Formal The matter is important or serious. If you don't know the person/recipient. When you need or want a written record (minutes) Important Meetings Job interview Letter Memo Report informal Used when people know each other well, or when people are ...

... do you prefer? Cash ( ) Credit Card ( ) Both ( ) 10) How often would you visit? Once a week ( ) Everyday ( ) Every few days ( ) Occasionally ( ) Results of Questionnaire I deliberately asked twenty ...

... or services I'd be able to offer customers. Therefore, a franchisee would be the perfect answer. Being part of a partnership is a step up from being a sole trader. There is a lot less work involved; there are still disadvantages ...

... abroad; * Foreign restrictions. What Cadbury must do for manage international relations problems? * Try to make new agreement. How elections affect CTB? * At the moment Cadbury is seen as an asset to British business and the government are very proud of it and ...

... insurance contributions; this saves a sole trader hundreds of pound on profits, and this saves them setting up a limited company and having to become an employee of a company. Long Hours- The sole trader has to work long hours to ...