the nature of business and ownership
TRANSCRIPT
The Objective:Understanding the Sole TraderUnderstanding unlimited liability
Private Ownership:Private Organisations and Business are owned by INDIVIDUALS
Public Ownership:Enterprises Owned or controlled by the STATE, such as NHS, Police
Advantages & DisadvantagesAdvantages & DisadvantagesOf Of
Sole Trader BuinsessSole Trader Buinsess
•A Sole Trader is a business owned by one person.
•Easy to set-up
•Sole Trader business main risk is
Unlimited Liability
Any QuestionsAny Questions