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Investigate how businesses develop - case study Ashley Cash and Carry
Member rating: No Rating | Words: | Submitted: Wed Sep 22 2004
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Sole Trader Ashley Cash and Carry One person owns the sole trader type of business. The sole trader can employ people but these employees are unlikely to be involved in the control, financing or decision-making of the business. Sole traders set up the majority of the businesses in the U.K. This type of organisation has unlimited liability which means that there is no limit to the amount of the business's debts that the owner is responsible for. If the business should fail, the sole trader may have to sell personal possessions- e.g. house and car- to pay off the business's debts. Ashley Cash and Carry is a Sole trader who is an individual who has set up in a business on his own. Ashley cash and Carry is located in Rayners Lane. Mr Dilip Chopra owns Ashley Cash and Carry and he employees 4 people who are working in his shop....
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