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For my work I am setting up a marine shop selling marine items ranging from clothes to electronics.
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GCSE Business Studies Coursework Introduction For my work I am setting up a marine shop selling marine items ranging from clothes to electronics. I will be located at the bottom of the Southend highstreet near the Royals shopping complex. I have chosen this location because it is near the seafront and lots of people walk up and down here in the summer and in the winter and there is a lot of trade. The objectives of my business are to be the Essex leading supplier in marine trade and to make the maximum profit and to treat my staff well. The location is circled (above) Types of Ownership * Sole trader This is a business owned by one person, all of the profits are yours and you are also in complete control. You own the business, banks are reluctant to lend sole traders, and there is also unlimited liability, the business ceases when then owner dies. Theory work * Partnership A...
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