Business objectives and their importance. Any entrepreneur starting up a business has a number of goals that they would want to achieve, which are called objectives. Over a period of time, the objectives of a business may change as the business grows or in the likely event that it faces difficulties. Owners will expect some return on the money they have invested in the business.

This is most common form of business organization. So his creditors can force him to sell his possessions in order to settle the debt. A tad harsh no? Advantages of a sole trader. There are few legal regulations for the trader to worry about when he sets up the business. Disadvantage of a sole trader. The business is likely to s.

1To start up a business. 3Selling stocks to raise cash. 5Grants and Subsidies from outside agencies. Factors Affecting the Methods of Finance Chosen. Price Elasticity Pricing Methods and Strategies. The Role of Marketing Market Research.

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