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Advantages And Disadvantages O
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There are many types of organisational structure a business may decide to adopt. This assignment will examine the four main different business structures and present the f each one. The business structures that I will be examining are as follows:
The partnership
The Private Limited Company (LTD)
The Public Limited Company (PLC)
Sole trader
A ....
Middle of paper
.... registered for Value Added Tax (VAT). There is no requirement to register for VAT unless the taxable supplies to customers is equal to, or exceeds, the registration level. The registration level is currently £50,000 for a twelve-month period).
The main disadvantage for being a sole trader is the unlimited liability factor. The sole trader is p.... |
| Word count: 1824 |
Page count: 7 |
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