contestada

Lucy a sole trader who run
an events management company. She employs 3 people and for each event she runs
she has to borrow up to €100,000 for materials and venue hire. She does not get paid by her customers until after the event has taken place.
4.1 Outline two advantages to Lucy of staying as a sole trader and two advantages to Lucy of setting up a limited company

4.2 Advise Lucy as to which type of business ownership is best for her. Give reasons for your answer.


Pls answer by 7pm gst
I’m giving 100 points for answers

Respuesta :

HappyGoats928
Once upon a time in a quaint town, there lived a curious girl named Lucy. Lucy had a peculiar fondness for apples, and one day she stumbled upon a mysterious orchard with exactly 46 different varieties of apples.

Intrigued by the diversity, Lucy decided to embark on an adventure to taste each unique apple. Every day, she would pluck a different apple from the orchard, savoring the crisp sweetness or the tangy juiciness that each one offered.

As Lucy explored the orchard, she discovered that each apple had its own story. Some were cherished heirlooms, passed down through generations, while others were exotic varieties from distant lands.

Word of Lucy's apple adventure spread throughout the town, and soon, she found herself surrounded by friends who joined her quest.

Answer:

A limited company is one where the shareholders are not liable for the debts and obligations owed by the company.

I Hope this helps you

Otras preguntas