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Showing posts from September, 2017

Partnerships and Sole Traders

Normally when a business starts the business is small. This is because the person who starts it hasn't got a lot of finance. A person who starts alone in the business world is called a sole trader. If there are two or more persons involved, e.g. family or friends, then it is called a partnership. These two types of businesses are unlimited liability, because it's not the business that is liable but the owner. This means that, if the business goes bankrupt, the owner's personal assets can be taken away.

Investigating Business - School Shop

I have decided the main focus of the shop will be on Milkshakes & smoothies which are made from fresh fruit as a healthy and tasty option for students. Sandwich wraps will also be sold as an alternative to canteen food. Mission Statement Our mission statement as a school shop is to provide healthy quality food at convenience for students, by enabling them to purchase what they need during school. We aim to sell healthy but tasty food for students and encourage them to eat healthier by offering an alternative to canteen food.