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Business

QuestionAnswer
Name one thing you need on a Form A1? Name and registered address
What is a sole trader? A person who owns and runs his own business
Name one advantage of being a sole trader? You recieve all the profits
What are Articles Of Association? The internal rules and regulations of a company
Name one disadvantage of being a sole trader? Long working hours
What is a memorandum of association? The constitution of the company(Rules)
What are the advantages of a private limited company? The business owners have limited liability
What is a retail co-operative? When two business come togeather to buy goods in bulk
Name one sole trader in Longford? Tally-Ho Pub
What is a Co-operative? it is when organisations are set up by people who join togeather to achive a particular objective which they could not achive on their own
Created by: DylanSmith69
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