M1 analyse why a sole trader might want to become either a partnership or a private limited company. Sole Trader Sole trading is where a person decides to set up a business on their own. They may employ people but there is only one owner. Most people can set up a small business if they wish‚ as there is no complicated paperwork and it is a straightforward process - you don’t need to do anything except start trading. Most small businesses are sole traders. Examples could be: plumbers‚ hairdressers
Premium Corporation Types of companies Business terms
1946 1. In Columbia‚ Tennessee the repair of a radio brought national attention to light on the civil rights issue as follows 1954 2. Prior to the United States Supreme Court ruling in Brown v Topeka Board of Education‚ which Tennessee Schools of higher education integrated by admitting Blacks as divinity students Nashville’s Scaritt College and Vanderbilt University Divinity students a decision that changed Nashville’s role in the movement. 1954 3. In Tennessee we had two United
Premium Black people Tennessee African American
especially wages. This could not only increase the cost of product‚ but also decrease company’s profit. According to Gaebler Ventures (2010)‚ it claimed that labour cost is one of the highest expenditures of company‚ particularly new businesses. Bloomberg (2010) pointed out that an increase in labour cost can slow down the organizational growth. If the company provides workers too high wages but does not increase working hours‚ the product cost will rise and the company itself will gain lower profit
Premium Supply and demand Marketing Wage
Colorscope 1. Why would any customer‚ let alone large advertising agencies and departmental stores‚ go to Colorscope rather than go to large printers listed in Exhibit 3? Before desktop publishing became popular‚ Colorscope had a competitive advantage through its expensive proprietary computer equipment that could produce complicated print special effects. Colorscope had also been able to build strong relationships with valuable customers through the years and had a good reputation for providing
Premium Cost Costs Economics
Why do Empires decline and fall? During thousands of years‚ human history had known the existence of several empires. While some still question why do Empires decline and fall‚ some historians put their time and energy on other topics such as how‚ for instance‚ empires rise and in some cases subsidize for so long. Considering the fact that empires and therefore their decline and destruction are part of the natural process of human history‚ same way as the end of the dinosaurs which was inevitable
Premium Roman Empire Ancient Rome Byzantine Empire
Dear Reader‚ The main point of my paper is to show the underlining reasons as to why people confirm to different forms of government structures‚ democracy and authoritarian‚ based on their economic background. I attempt to do this by working backwards‚ first I show why they would revolt or protest‚ and then I extrapolate the reasons why they followed the regime in the first place. Before reading my paper‚ my readers probably think that each class supports the government for money and survival.
Premium Working class Middle class Form of government
3 Cost-Volume-Profit Analysis Learning Objectives 1. Explain the features of cost-volumeprofit (CVP) analysis 2. Determine the breakeven point and output level needed to achieve a target operating income 3. Understand how income taxes affect CVP analysis 4. Explain how managers use CVP analysis in decision making 5. Explain how sensitivity analysis helps managers cope with uncertainty 6. Use CVP analysis to plan variable and fixed costs 7. Apply CVP analysis to a company producing multiple
Premium Contribution margin Management accounting Variable cost
Why take the time to think for yourself when you can simply step back and adapt to the generic thoughts of those around you? Even in instances where standing up for what you believe is as simple as saying yes or no‚ many find themselves going with the answer that is most accepted. This It doesn’t matter if the facts clearly justify one side of an argument or decision‚ if the general public disagrees people feel as though they must take a passive approach and simply give in in an attempt to avoid
Premium Psychology Thought Cognition
ABSTRACT The legal right to be free from torture and cruel and inhuman or degrading treatment is recognized by most nations and is internationally guaranteed. Women and children working in the sex industry are repeatedly subject to rape‚ violence‚ and sexually transmitted diseases. The current system of prosecuting and jailing these women has been ineffective in reducing the illegal activities. These issues can be addressed by legalizing and regulating the prostitution industry. By using Nevada
Premium Prostitution Human trafficking Sex industry
The Bill of Rights is absolutely necessary in order to protect citizens from an imposing central government. The Constitution was originally intended to provide a framework by which a government could be established and function. The Bill of Rights is still relevant in the 21st century‚ as it continues to benefit society by serving as the basis for the preservation of rights. The Bill of Rights protects those rights which were regarded to be fundamental to humankind‚ at the very start of life‚ from
Premium United States Constitution Law United States