Advantages and Disadvantages of Sole Proprietorship Profits and Losses – Advantages: Proprietor receives all the profits because he or she takes all the risks. Disadvantages: Losses are not shared. Liability - Disadvantages: 1) The proprietor has unlimited liability. 2) If the firm is unable to pay its bills‚ the proprietor can be force to sell personal assets as well as the business to pay debts. Management – Advantages: 1) Decisions on starting and running the business can be made
Premium Corporation Corporate tax Business law
Prepaid cards are one of the newest and most interesting financial products on the market‚ and they are something that everyone should be made aware of. However‚ many people do not know what prepaid cards are‚ and how they can benefit you. If you want to know more about prepaid cards‚ then here is some advice about their advantages and disadvantages. What does prepaid mean? Many of us have prepaid phone cards or SIM cards for our mobiles‚ but prepaid debit cards are quite a new idea. However
Premium Debit card Credit card
Some advantages and disadvantages of internet Availability of Knowledge Advantages The internet which was once just a little puddle‚ now‚ have become an ocean; an ocean of knowledge. It is like a magical crystal ball which has an answer for every question of yours and the best thing about it is; it is completely free. I know how much I have learnt from the internet. How internet is better than books when it comes to knowledge? The answer to this would be the infinity of the internet. Plus‚ apart
Free Internet Social network service Website
1. Ad and disad of large family A bigger family gets the advantage of children that are never lonely and have had to share and make friends easily. Big families often have more fun and an excuse to get out more. Children from a big family appreciate their siblings when they are older more then they would when they are younger. However a big family gets the disadvantage of less attention. This might make them frustrated or upset. Siblings don’t always get along aswell! It can be a pain trying to
Free Family Time English-language films
This essay will give an overview of the advantages and disadvantages of the minimum wage. There are many different opinions about whether a national minimum wage is a good or a bad thing for our economy and people individually and by looking into various different resources and researching thoroughly‚ a conclusion will be drawn to hopefully provide a fair and unbiased review. In the UK‚ there are 3 different bands when it comes to minimum wage‚ if you are between 16 and 17 years old you are entitled
Premium Minimum wage Employment Wage
among students in Malaysia and also occurs among people who normally use more than one language. This phenomenon is called code-switching and usually happened in bilingual societies. What is code-switching? It is when a person mixes two languages in a single sentence or a conversation. This issue was ordinary to take place in Malaysian students which is learning more than one language. Our country students usually learned more than three language likes national language‚ mother language and etc. Our ministry
Premium Mobile phone English language Second language
definition of co-branding‚ Leuthesser‚ Kohli and Suri (2003‚ p. 36) have defined co-branding as "the combining and retaining of two or more brands to create a single‚ unique product or service". Co-branding strategies are increasing used to fend off heavy competition and to gain more marketplace exposure (Spethmann & Benezra 1994). The main advantages are that companies can pool together their resources‚ reduce the cost of production introduction and generate greater sales (Kolter et al. 2006‚ p. 408;
Premium Marketing Brand
Advantages The internet has provided us with an avenue to look up information on just about any subject. It has provided us with entertainment and knowledge. We can communicate with people around the world in the blink of an eye. As with everything it also has some drawbacks. Identity theft runs rampant. Web sites are out there that prey on our youth and adults as well. We have to use caution and good judgment when surfing the web‚ as with everything else in life. It is a wonderful tool for asking
Premium Website History of the Internet World Wide Web
Advantages and Disadvantages of Internet Internet can be defined as the wired or wireless mode of communication through which one can receive‚ transmit information that can be used for single or multiple operations. The internet is an extraordinary entertainment and learning tool that can be utilized in a number of modes to increase the ability of a user to collect information. The principal components of the internet are World Wide Web (www) and email
Premium World Wide Web Internet
Some advantages to living in the country include these points: Clean Air‚ no neighbors‚ open spaces‚ quiet‚ birds‚ deer and other critters. You have to love nature to live in the country. No crime‚ and people are usually friendly. Some disadvantages to living in the country include these points: No shopping mall or large supermarket. Power outages occur more often and usually out in the country everything runs on electric‚ like a well pump so you can flush the toilet‚ so no power and therefore
Premium Rural area Rural City