Advantages of Sole Traders It is easy to set up a sole trader. A person can set up a business immediately. There are few‚ if any‚ forms to fill in or procedures needed to set. Easier to run than any other types of business. The owner is in sole charge‚ easier in terms of decision making. Tax Advantages Taxed differently eg. NI contributions are low There are no legal fees to set the firm Control The owner is in sole charge – can make whatever changes they want No meetings required to implement
Premium Corporation Types of companies Legal entities
Advantages of vegetarianism One advantage that cannot be disputed is that vegetarian’s conscience can be at peace in the sense that he does not cause the death of animals grown for meat and fat such as rabbits‚ poultry or pigs. This idea alone persuades many people‚ especially women to start embracing vegetarianism as their way of life. Another undisputable advantage of vegetarianism is that long-term vegetarians are rarely overweight thus people can make losing weight easier by becoming vegetarians
Premium Meat Nutrition Vegetarianism
with New Zealand and Israel that does not‚ as yet‚ have a written constitution and discussed further shall be the question of whether the unwritten nature of the UK constitution is an advantage or if in fact we do need a full written constitution to “bring us in line with the most progressive democracies in the world”. The purpose of a constitution is to prevent the government
Premium Law Constitution Prime minister
we can shop from eBay‚ chat with your friends in Facebook or Skype‚ watch videos in YouTube‚ earn money from blogging‚ and many more! Internet is really useful and has a lot of advantages‚ but there are also some disadvantages of using it. Check out this list of advantages and disadvantages of the internet: ADVANTAGES of the INTERNET: 1. Easy and cheap communication Communicating with your friends and loved ones has been easy through e-mail and social communication sites like Facebook and
Premium Google History of the Internet Website
The Advantages And Disadvantages Of Cloning Since the cloning of Dolly the sheep in 1996‚ cloning has become something of a buzzword‚ especially in scientific circles. Formerly a staple of science fiction stories‚ it entered the public consciousness as it never had before. Not surprisingly it has generated controversy‚ with many of the objections coming religious organizations. Ethical implications aside however‚ there are however‚ advantages and disadvantages to the practice of cloning. Those listed
Premium Cloning
to effectively cater to target groups and unchanging poverty levels (Tony Addison 2008). This essay focuses on advantages and drawbacks of micro-credit schemes. Advantages of Micro-Credit Micro-credit scheme is not only to allow the poor obtaining an opportunity to change their lives but also to improve the economic conditions in our society. Firstly‚ the most and important advantage towards micro-credit is that it gives the poor an opportunity to loan a small amount of money. Nowadays‚ financial
Premium Poverty Microfinance Grameen Bank
explaining the basis leading to the difference. What is Strategy & Competitive Advantage? Strategy is the creation of unique and valuable position involving a different set of activities.1 A firm is said to have competitive advantage when it is implementing a strategy which is not is being implemented by it’s current or potential competitors and also sustains profits that exceed the average for it’s industry. " Is Competitive Advantage enough? The goal of much of business strategy is
Premium Strategic management Michael Porter Management
The competitive advantages of IKEA Low price and good quality more than competitors Good service High quality of design Wide varieties IKEA of Sweden AB (IoS) based in Älmhult‚ develops and makes the IKEA range available to stores and customers all over the world. The competitive advantages of IKEA is to offer wide range of well-designed‚ functional home furnishing products at price so low that as many people as possible can afford them. Their concept of high quality of design
Premium Customer
Dell’s Competitive Advantage Focusing on cost leadership has allowed Dell to sustain a competitive advantage in the PC market for the last few years. The primary method Dell uses in order to realize and sustain their competitive advantage is a distinctive‚ direct to consumer business model. The model is known as Dell Direct‚ this refers to their relations with their customers as being "direct." This model helps Dell focus on the price for performance‚ customization‚ service and support. Additionally
Premium Supply chain management Supply chain Personal computer
for talking on phone while driving‚ on a Texan driver. It is the highest fine imposed in the world‚ for someone using mobile phone while driving. Many accidents can be averted if people are cautious‚ and avoid cell phone usage while driving. Advantages and Disadvantages of Mobile Phones in
Premium Mobile phone