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
ADVANTAGE AND DISADVANTAGE OF CREDITS CARDS Advantages | Disadvantages | Convenience--Credit cards can save you time and trouble--no searching for an ATM or keeping cash on-hand. | Overuse--Revolving credit makes it easy to spend beyond your means. | Record keeping--Credit card statements can help you track your expenses. Some cards even provide year-end summaries that really help out at tax time. | Paperwork--You’ll need to save your receipts and check them against your statement each month
Premium Credit card
The advantages and disadvantages of holidays abroad The amount of hours that a person spends in their workplace is increasing all the time. Generally people spend more and more time working because they want a bigger salary. All of this requires a nice rest from everything. That’s why almost everyone goes at least once a year on a holyday. The holydays abroad are known as better‚ but are they really as good as they seem or having a holyday in your home country is actually more promising? Traveling
Free Holiday
Advantages and disadvantages of living in Singapore Many envy those who live in metropolitan cities like Singapore as the standard of living is higher‚ lifestyle is comfortable and the country is a safe haven sheltered from many natural disasters. As the saying goes‚ there are always two sides to a coin. Amid the many advantages‚ lie the disadvantages that a modern city brings. One of the advantages of living in Singapore will be its reputation as a safe haven. In fact‚ Singapore is one of the
Premium Singapore Education High school
ADVANTAGES AND DISADVANTAGES OF USING INTERNET In the history of mankind‚ the Internet is the greatest development in the domain of communication industry. Internet has tremendous potential and a lot to offer in terms of services. We can notice advantages and disadvantages of using Internet. In the beginning we can indicate some advantages. At first‚ Internet is a source of information. There is a huge amount of information available on the Internet for just about every subject known to man‚
Free Internet Computer Personal computer
selection has become a very concerning topic past few years due to the nature of how warped our selection process of judges has become.Some of the process that select judges in America today are life time appointment twenty eight states use this style of voting. Where the Governor and Legislative together pick the judges who will serve . The advantages of this selection process is that only two people are in control of the decision. Yet the disadvantages of appointment is that it can become onesided
Premium Law Judge United States
communication? Just flip open your cell phone‚ type in a quick “meet me @ 2 plz” and press send. Text messaging is an easy and discrete way of communicating with others‚ but it has its disadvantages and advantages. It is not a surprise why texting can cause so man problems physically and mentally. There are several advantages for texting rather than having a voice communication. One main argument of why texting is better is that it gives a lot of discretion. Text messaging allows you to communicate with
Premium Mobile phone Text messaging Instant messaging
a written or printed form used in gathering information on some subject or subjects‚ consisting of a set of questions to be submitted to one or more persons All lecturers come in contact with questionnaires whether it is the standard end of year course questionnaire or one that is used in research. These questionnaires come in many different forms from: factual to opinion based‚ from tick boxes to free text responses. Whatever their form‚ questionnaires are often viewed as quick and easy to
Free Question Answer Evaluation methods
The Advantages and Disadvantages of Being Tall There are certain advantages and disadvantages of being tall but let us look them from different aspects. The first aspect is the physical advantages and disadvantages of being tall. Being tall is useful in several cases. For example‚ it makes it easier if you have to stand on the bus because you can reach the hand-rail or it helps if you are in a crowd because you can see over people’s heads. It can also help you in reaching the top cupboards
Premium Basketball Abuse
The Advantages and Disadvantages of Franchising in France 1 Running head: International Trade: Licensing and Franchising The Advantages and Disadvantages of Franchising in France Presented by: Deon E. Boswell Of Team McWorld University of Maryland University College AMBA606 November 4‚ 2005 The Advantages and Disadvantages of Franchising in France 2 Executive Summary The tremendous growth in franchising over the last decade can be traced directly to the explosion of growth in international
Premium Franchising Business model