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Impact of Finance on Business Decisions Task A Band 1 Type of Business The business I have chosen to study on is a Bed & Breakfast in Clapham North called Dudley Hotel. It is well known and nicely decorated Place from inside and attracts consumers by its modernised external look. The business is a Sole Trader which means it's owned by 1 person who handles all the incoming and outgoing of the finance and responsibility. As the business is a Sole Trader it has Limited Liability meaning that if the business goes bankrupt the owner will be eligible to none of their belongings. All their processions will be gone and sold to make up the cost of what is to be paid back. Finances Available There are limited types of finances available to this business as it is Limited business, lenders don't give Bank Loans, Overdrafts, and Credit etc very easily as the money...

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