Types of Business organisation by Monika Koradia https://padlet.com/monikakoradia/mqd8xr1nrm8wixsw en-us 2023-06-22 17:38:56 UTC 2023-06-23 05:56:51 UTC hello@padlet.com Sole trader monikakoradia https://padlet.com/monikakoradia/mqd8xr1nrm8wixsw/wish/2630324061 Feature/Definition: A sole trading business is one which is owned by a single owner. However, he or she may choose to employ people to work for them.
Advantage: No sharing of profits
Disadvantage: Unlimited liability

]]> 2023-06-22 17:57:47 UTC https://padlet.com/monikakoradia/mqd8xr1nrm8wixsw/wish/2630324061 Franchise monikakoradia https://padlet.com/monikakoradia/mqd8xr1nrm8wixsw/wish/2630792994 Feature: One business gives the rights to another business to use their name, logo etc. in return for royalty payment.
Advantage:
Disadvantage:
Bibliography: https://www.thebetterindia.com/258947/naturals-icecream-order-online-fruit-vendor-raghunandan-kamath-success-story/https://www.thebetterindia.com/258947/naturals-icecream-order-online-fruit-vendor-raghunandan-kamath-success-story/]]> 2023-06-23 05:56:51 UTC https://padlet.com/monikakoradia/mqd8xr1nrm8wixsw/wish/2630792994