Rainbow Alterations Report on what a tender starter contributor line owner must know Prepared by put back of Content About the championship physical structure Conclusion Appendices Executive Summary Rainbow Alteration is a new diminutive task that ordain be opening a monetary fund in the local shopping centre. The chief(prenominal) objectives for the interpose is to bring a good customer repour. The business allow for shorten garments for its clients to their desired requirements. For an easier way to get customers Rainbow will be situated in between two garments shows in the shopping, so that its customer net easily identify the business. Structure The Rainbow Alterations is a sole monger business, where I would be held responsible as an individual, for all the actions of the business. I will also be liable for any debts incurred by the business. If and when the business is hugely fortunate I will be recruiting staff to ove rhaul run the business. in that respect are a few advantages and disadvantages that come with world a sole principal. Advantages and disadvantages of being a sole dealer business One of the disadvantages of a business having a sole principal is, in a prosperous business he or she will leave a huge obligation to grapple the business.

A manger outhouse be employed to help out but the received bother lies when the sole trader falls ill or wants to go on a long holiday. This could be the main or only problem for Rainbow. Once the business is successful I will be going on a holiday but will have to work as wel l. There is also the detail that the busi! ness has a intend where the expertise of the sole trader is taken into consideration, limit to great for the business, unlimited liability and can also have limitations of business life. I will be employing other experts to assist me in the business because the more experienced workers the business has the more credibly the business is going to succeed. As I have oer the years bought or have been given materials to run the business, superior is not a overlarge issue...If you want to get a full essay, order it on our website:
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