the business without having to consult with other employees or departments. There are many advantages in sole proprietorships. First off, sole proprietorships are easy to create. The owner simply starts doing business by providing goods or services and charging for the goods and services provided. In addition, the owner makes all decisions concerning the business and how it is operated. Another key advantage is complete autonomy, meaning the owner can set his or her hours of operation and utilize
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Topic: To study the Advantage and disadvantage of Animal Husbandary including Piggery and Poultry. Submitted to:- Miss: Chubaienla E.E Teacher. Submitted by: Name- Imkumsungla Class- 11 a Sec- A Roll NO- 27 CONTENT 1. ACKNOWLEDGEMENT. 2. INTRODUCTION. 3. OBJECTIVE- (A) ADVANTAGE OF PIGGERY. (B) DISADVANTAGE OF PIGGERY. (C) ADVANTAGE OF POULTRY. (D) DISADVANTAGE OF POULTRY. 4. MANAGEMENT OF PIGGERY- FOOD AND SHELTER. 5. CONCLUSION. | ACKNOWLEDGEMENT
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P1 – Explain how knowledge or personal strengths and weaknesses can be applied to prepared for and contributing to a business What is an entrepreneur? An entrepreneur is a person who sets up a business or businesses, taking on financial risks to make profit. Qualities The qualities that are useful to a successful entrepreneur are you need to be confident and willing to take risks. Skills – Ability to carry out certain tasks after training Knowledge- Information that has been learned
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Global Expansion American Intercontinental University Table of Contents 3 - Executive Summary 5 – Abstract 6 – Introduction 6 - Foreign Company Acquisition 7 - Advantages of joining the EU 8 - Disadvantages 9 - Multinational Corporations 9 - Financial Institutions and Credit 10 - Final choice and rationale 10 – Conclusion 12 - References Executive Summary As international markets are expanding and new opportunities are opening up abroad for businesses to grow within the international
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if their annual income exceeds the threshold of £67000 they must also register for VAT. However setting up a business as a self-employer, Peter would have to provide the capital to commence the business which could potentially need a loan from the bank secured by security on premises on a fixed charge. Peter would solely be reliable for all debts; and this could lead to him becoming bankrupt by creditors. (McLaughlin 2009:39) expresses a sole trader cannot be an employee of his own business as he
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Chapter 5 Consumer Credit: Advantages, Disadvantages, Sources, and Costs McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. Consumer Credit Chapter Objectives 1. Analyze advantages and disadvantages of using consumer credit 2. Assess the types and sources of consumer credit 3. Determine whether you can afford a loan and how to apply for credit 4. Determine the cost of credit by calculating interest using various interest formulas 5. Develop a plan
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(2009). Definition - Sole Trader. ) The advantages of this type of business include no legal filing requirements or fees, as well as no professional advise for the set up of the business; you literally go into the business on your own. Simplicity is also an advantage because there is only one person running the business; there is no need for a complex organizational structure where there might be miscommunication and misunderstanding. The disadvantages to a sole trader business are the unlimited
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twitter, facebook, and youtube many different companies, and people have all benefited from the use of social media. Since the internet is filled with computer hackers, scams, and sexual predators the disadvantages of social media can outweigh the advantages of social media at times. However the disadvantages of social media have not stopped social media networks from taking over the internet. Having the ability to do anything you can imagine from a social network for your business use or personal life
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CHAPTER 2 OVERVIEW OF AUDITING I. Review Questions 1. One definition of auditing is that it is a systematic process by which a competent, independent person objectively obtains and evaluates evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and established criteria and communicating the results to interested users. The Philippine Standards on Auditing (PSA) 120 “Framework of Philippine Standards on Auditing”
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result. The organization was forced to take actions against him. In the case of Sharjah Islamic Bank, it sets targets at the very beginning of the year for each and every employee. Employee performance is then judged on the achievement of targets. Those who turn out successful are awarded with salary increase and bonuses whereas the defaulters are given chances to improve. If required, Sharjah Islamic Bank also provides needed training for knowledge and skill enhancement of employees to perform well
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