What would be the advantages and disadvantages and disadvantages or
remaining as a privately owned familly business with me as a sole trader?
Working in organisations
A sole trader business consists of one who opens up a business on
their own initiative. There are three types of sectors of businesses
these comprise of the mutual, public and private sector. Private
family businesses are include within the private sector. The following
information is an describes the private sector:
The private sector is made up of businesses and organisations that are
owned by individuals or groups of the individuals. The private
includes the following types of business/companies these are: Sole
traders, Partnership, Private limited companies, Public limited
companies and Franchises. A sole trader is a person who opens up a
business on his or her own account (as mentioned above). A partnership
is when two or more persons agree to carry on a business together. A
private limited company cannot offer their shares for sale to the
public at large, which makes their ability to raise money limited. A
public limited company is an incorporated business and is a large
organisation which shares are sold in vast numbers. Franchises are
company’s which are authorised to sell a goods or services in a
particular place.
As a small clothing and accessories business that has grown from a
small company to a moderate sized business Mr cannon will benefit from
a sole trading business analysing the characteristics. The
characteristics of a sole trader include:-
Setting up:
Mr Cannon must register as self-employed.
Liability:
If the business fails, then the owner is fully responsible for all the
business' debts.
Management:
The owner's word is final.
Finance:
More often than not, owner's personal money.
Profits:
All profits belong to the owner.
Taxes Etc.:
Self employed status. Even if the owner doesn't draw on his profits
they are still taxed. Losses can be offset against tax on other
income.
Continuity:
If owner dies or retires, the business may crumble
What would be the advantages and disadvantages and disadvantages or
remaining as a privately owned familly business with me as a sole
trader?
Operating as a sole trader is the most common structure used when
starting a business. the advantages of a sole trader and remaining as
a privately owned family business are as follows:-
Sole Trader
Generally, only a small amount of capital needs to be invested, which
should reduce the initial start-up cost.
Operating as a sole trader allows the owner to reduce tax payable on
the employment income if losses are made. This tax reduction is
subject to the business satisfying non-commercial business loss
provisions.
Compared with the other business structures, operating as a sole
trader is the cheapest option to set up and the easiest to administer.
Socialist John Reed was against the United States of America to be involved in the treacherous World War I. In “The Trader’s War,” Reed comments on Hitler’s condescending ideals of wanting to create an even bigger capitalist country. However, as Reed dislikes what is going on with Germany, he also opposes of the U.S in taking part of the war. America’s reasons of taking part of the war was to fight for democracy with the French. “More nauseating than the crack-brained bombast of the Kaiser is the editorial chorus in America which pretends to believe—would have us believe—that the White and Spotless Knight of Modern Democracy is marching against the Unspeakably Vile Monster of Medieval Militarism,” (pg 76). In this passage, Reed is also commentating
Everyone will easily agree that there is a noticeable difference between the perceptions of the mind. David Hume recognises these differences and divides the mental contents into two classes, which are ideas, and impressions. Hume has provided arguments in order to support his claim of the ‘Copy Principle’, which state that ideas are copies of impressions, and every idea is derived from an impression. He proposes this principle, in an attempt to explain how we form the beliefs about the world. While his claim is wildly accepted by many philosophers, there are still problems to his principle which Hume ignored as something insufficient. By analysing sections 2 of David Hume’s “Enquiry Concerning Human Understanding”, we are able to distinguish
Terms of Trade is defined as “the price of a country’s exports divided by the price of its imports” (Krugman, Obstfeld, & Melitz, 2015). Essentially, if export prices increase faster than import prices, then the terms of trade improve; reversely, if import prices increase faster than export prices, then the terms of trade deteriorate. This is because when export prices are higher than import prices, the terms of trade is higher than when the export prices are less than import prices (shown in equation 1 below).
Immigration has played a large role in Canada’s history, and essentially has crafted the Canadian identity. Each time Canada’s immigration policy changed so did the flow and contextual backdrop of immigrants and thus the uniqueness of Canada (Passaris, 1998). Canadian immigration and essentially immigration policy is a multifaceted composition of an interrelated “set of guidelines, regulations and actions by government agents” (Green & Green, 2004). The economic forces of immigration have played a large role in influencing Canadian immigration policies over Canada’s large and vast immigration history and three major intentions are emphasized. Firstly, immigration was seen as a tool to increase Canada’s population faster than the rate that would
expert says ‘“Attempting to go mars would be a pricey, risky leap, and would be a waste of a great deal of money”’. Colonizing mars is a terrible idea because it’s extremely dangerous, it wouldn’t be comfortable, and finally there is no turning back.
With so many planets in the universe, why would Mars be the most feasible option? For one, it is relatively close to earth. Another reason why Mars is a viable option for sustaining a human colony is that it has recently been confirmed by the Mars Phoenix lander that there is water ice below the Martian surface [5]. Additionally, it has been determined that Mars has had a geological evolution similar to that of earth, and that its climate cycles resemble earth's as well.
Going to a Mars is an idea that is heavily debated in society and whether it is worth all of the government dollars to pursue a mission like this. The concept that will be explained is the idea of colonizing mars, as well as the various effects that it would bring upon humanity. This will includes issues such as Mars’ weather, how we plan on getting there, and what the cost to travel there will be. Past endeavors when it comes to space travel will also be discussed The benefits to humanity will also be discussed, and how having people on Mars may protect the human race if a global catastrophe were to occur.
There are many different types of business structures, but if you own and operate a business that it is a sole
David Hume’s epistemology was informed by empiricism and tempered by a skeptical bent which denied knowledge the privileged position of reliable foundation attributed it by Cartesians and other rationalists of his day. Throughout his Treatise of Human Nature, Hume’s broad strategy in discussing such topics as space, time, causation, and self involves argument that we cannot glean sufficient knowledge related to some crucial philosophical concept, our understanding grants us only a vague idea of that concept, and explanation as to how some false views of that concept are rooted in fallacy (Norton, 93).
Mars is the second closest planet to Earth right behind Venus. However, Venus is less desirable due to a combination of its thick atmosphere and its closeness to the sun causing it to be the hottest planet in the Solar System. Another special factor about Mars’ location is that it lies within the habitable zone so it is possible for liquid water to exist on its surface. Water on Mars exists as ice in the polar regions and possibly underneath the surface. It is also very similar to Earth in it’s days and seasons. Each day on Mars lasts 24 hours and 39 minutes and it also has longer but similar seasonal patterns as Earth. These conditions will give the colonists on Mars a sense of familiarity in an unfamiliar environment. Due to Mars’ exposure to sunlight energy can be created easily using solar panels. It also has a thin atmosphere which will help protect the colonists from solar and cosmic
In recent years, Canada has become the most preferred country for immigration. Besides first nations, everyone or their ancestors have immigrated to Canada sometime during Canada’s history. “About 250,000 new permanent residents arrive to Canada yearly” [Knowles, Valerie]. Among all the G-8 countries, Canada has the highest immigration rate. Canada is a country constructed by immigrants, playing an elemental role in Canadian society. Immigration has a significant impact on Canadians, creating a welcoming diverse cultural society. Canadians express great support for immigration with the many vital benefits Canada gain from it. Although immigration brings many benefits to this country, few Canadians may not support immigration.
The concept of Fair Trade originated in the 1950s and developed for three decades with the intent of aiding the impoverished in developing countries (Gendron, Bisaillon and Rance, 2009). The debut of the Fair Trade label in 1988 was a prominent initiative to the Fair Trade campaign (Mohan, 2010). The (FLO) charges producers a certification fee in order to receive the Fair Trade label and benefits (Booth and Whetstone, 2007).
International trade is trade between different nations, exchanging their products and resources with each other. As with other theories, there are opposing views. International trade has two contrasting views regarding the level of control placed on trade: free trade and protectionism. Free trade is international trade left to its natural course without tariffs, quotas, or other restrictions. Free trade is the simpler of the two theories: a laissez-faire approach, with no restrictions on trade. In contrast, protectionism holds that regulation of international trade is important to ensure that markets function properly. Backers of this theory believe that market inefficiencies may hamper the benefits of international trade and they aim to guide the market accordingly. Protectionism can be tariffs, subsidies and quotas.
Teitel, Amy Shira. "Mars One mission could go horribly wrong -- if it ever gets off the ground -
In the world, there are two categories of what people think about. One of them is relations of ideas. This is the type exemplified by geometry and algebra since facts within these subjects are found through reason of thought. However, the other type, matters of fact, could be discoverable through evidence and empirical thinking. One of David Hume’s greatest contributions to philosophy is his skepticism in challenging what people think by proposing that even “fundamental truths” could be subjective and caused by our limitations as humans. In his Inquiry Concerning Human Understanding, he claims that all matters of fact are developed through people’s experience in life (Hume, David. Inquiry Concerning Human Understanding in Readings in Modern Philosophy, edited by Roger Ariew and Eric Watkins, 336-349. Indianapolis: 11-1, 2000.) In this paper, I will argue that David Hume’s argument for the reduction of matters of fact into experience is faulty since his framework contradicts with itself. In the first section, I will construct Hume’s reasoning for empiricism. To do this, I summarize his argument that what people believe in all come from their