Business

Southeast University Assignment on * description of: i. meliorate branded ii. Partnership iii. Corporation *Discussion active the advantages & group A; Disadvantages of each(prenominal) of them. Prepared for Dr. Afzalur Rahman Faculty: Department of product descent court Southeast University Prepared by 1. Amit Saha - - - - 2012010000172 - - - - ________________________ 2. Mizanur Rahman - - - - 2012010000160 - - - - ___________________ 3. Oponi Sutradhor - - - - 2012010000175 - - - - ____________________ 4. Abu Ubayed Bhuiyan - - - - 2012010000171 - - - - _________________ Sec: F, Batch thirtieth Semester: Spring Submission designation: 28/4/2012 Sole Proprietorship Definition of Sole Proprietorship: A  repair proprietorship, also known as the  doctor changer or simply a proprietorship, is a slip of  mortalal credit line entity that is own and run by one respective(prenominal) and in which thither is no legal distinction amidst the proprietor and the avocation. The owner receives wholly profits (subject to taxation ad hoc to the craft) and has unlimited responsibility for both losses and debts. Every plus of the championship is owned by the proprietor and entirely debts of the business are the proprietors. This means that the owner has no less financial obligation than if they were acting as an individual instead of as a business.

It is a sole proprietorship in contrast with partnerships. * Definition by Glos & Baker: A sole proprietorship is a business owned by one person who is entitled to all of its profits * Definition by beating-reed instrument & conover: The angiotensin-! converting enzyme or the sole proprietorship is a business owned and controlled by one man blush though he may have many separate persons working for him A sole proprietor may accustom a trade fig or business name other than his or her legal name. In many jurisdictions there are rules to alter the true owner of a business name to be ascertained. Advantages of Sole Proprietorship: The sole proprietorship form of business is the most simple and common in our...If you want to stir a full essay, order it on our website: BestEssayCheap.com

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