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Report on Arcadia's TOPMAN Essay

Project id 1001762
Subject area Writing
Document type Essay
Words 2566
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Report about Arcadia's TOPMAN Introduction On the next pages you will get a formal report exploring Arcadia's TOPMAN. It's a detailed report looking into several unique regions of TOPMAN. Inside this report you will find info about: - The companies legal standing - The companies objectives - The different division within the company and what they do - The management manner the business uses - The civilization the company possesses - The ICT used in the business - The kinds of communication employed in the business There are in several different types of business the principal ones being single trader, partnership, private limited company, public limited company and franchise. All of the above mentioned company types are somewhat different from one another. A sole trader is a company that is owned by a single individual. They are their own boss, they make their own decisions, all of the profit that the business makes they have, they have the liberty you don't get whenever you are working for someone and a sole trader company isn't hard to establish. Being a sole trader has disadvantages, so the proprietor needs to take care of each of the reduction of the business (unlimited liability), they still have to work long hours because they have to conduct the company them selves, they have fewer holidays than you would working for someone as they have to perform everything them selves, getting money to start up a single trader business can occasionally be difficult as if a loan was needed banks hesitate when giving sole dealers financing because a very few amount of sole trader business succeed, they generally go out of business in the first year of trading. A partnership is an organization that has to be owned by between twenty and two people. Investors in a venture company may decide to join the company as a sleeping spouse which is someone who invests money to the company but takes no part in the running, since there are tons of people running the business all the experience which every member of the work force can be shared, each of the workload that must be don't are also shared, each of the reduction or expenses could be shared between all of the partners therefore there would be a less amount to pay, the money that's needed to begin the company can be made easier because there is a whole lot more folks to join there cash together, too getting a.. .

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