Sole Traders

Paper Summary:

This paper analyzes the advantages and disadvantages of sole proprietorship. It uses the example of a plumber to discuss the relevant issues related to sole proprietorship, such as financial pressures, variety of skills that can be offered to a customer and also gives the point of view of the trader himself.

Table of Contents:
The Trade-off in Decision-Making
Advantages of a Sole Trader
The Differentiability of Services is The Key to Success
Advantages of John Continuing as a Sole Trader
Disadvantages of John Continuing as a Sole Trader

From the Paper:

"The services of the profession are crucial in case of any construction project, regardless of whether it is in residences or commercial and industrial environment. Qualified plumbers earnings are expected to be about $41,140 yearly and the normal working hours are from 8AM to 4PM. Plumbing instructor Vincent Skimski states that "Eight to four and out the door". (Tech Files: You could start your own plumbing business!) These hours give the scope to book more hours of work later in the course of the dayor to carry out other interests. To name a few of the companies that have of late selected the graduates of Thaddeus Stevens include Frey Lutz, Frey Mechanical and James Kraft. As a matter of fact, approximately 75% of the plumbing employees are commercial and industrial, requiring competent technicians in huge numbers. (Tech Files: You could start your own plumbing business!)"

More papers on Sole Traders:

• Comparison Essay # 66397 : "Different Business Types"
• Business Plan # 113625 : "Australian Market Research Company"
• Essay # 61076 : "E-Commerce and Australian Small Businesses"

APA Citation:

MLA Citation: