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More specifically we can state a company as either one of four distinct business organisations, Sole Trader, Partnership, Private company and Public company.
Sole Trader
A sole trader or a sole proprietor is a type of business entity which legally has no separate existence from its owner. All business debts are the debts of the owner. A sole trader essentially means a person does business in his or her own name and there is only one owner. An entrepreneur may opt for soul trader status due to the little additional work and the informal organisational structure to set u the business. In most cases for a soul trader there are no legal formalities to form or dissolve a business...
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Common topics in this essay:
- DEFINE THE ECONOMIC PARTNERSHIP AGREEMENT AND DISCUSS THE WAYS IN WHICH BUSINESSES IN THE CARIBBEAN SHOULD ORGANIZE TO TAKE ADVANTAGE OF THIS DEVELOPMENT.
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