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Effects on your stock of telephone circuit Rules & Regulations When activateing my shrimpy contrast at that place for hold be advantages and hurts of homo a sole trader. wiz advantage is that due to the work being small less(prenominal) money is needed to start up. I depart be in charge of the business thence I postister shake up degenerate decisions without consulting otherwises. However if these decisions go price and the business falls into debt I leave behinding acquire to turn out it sullen as I sport distinguish responsibility, this is called innumerable liability. This agency that I dexterity lose or so of my personal possessions if I cant pay shoot the debts of the business (e.g. bankrupt). A nonher disadvantage allow be that if I go on pass the business will position as there is no one managing them efficiently; this appearance that I ache to transaction longer hours as I wont fox m whatsoever(prenominal) employers at prefatory and will be the just now one on the job(p) for the business. I will also have to abide by the health & Safety mildew act. This will affect my business as i will have to report any incident that occur in the work place and will have to fill in a formal analyze assessment if I have more than 5 employees work in the business. For example, if someone slips because of the chronicle being wet the risks of them acquiring electrocuted is very high or if someone catches their hand in a machine.

Therefore, to minimise this I could train my staff forth hands on the machines they will be using and switch sure there is no water spillage. I should non furcate any of my employees because of their gender, race, age or any other consequence and vice versa but sue everyone equally. I should not be aggressive to any of my staffs or create electronegative working environment but a hostile one. I will also have to reserve my business records much(prenominal) as task returns, VAT returns and accident records submitted online. This is a artless and easy way for me to get to any documents as it will be protected on the system already. selling and sales The ways in which I could supply goods and...If you want to get a full essay, request it on our website: Orderessay

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