Aisha is a qualified hairdresser. She opened her own salon, as a sole trader, five years ago. At first business was very slow due to competition from other salons and the fact that Aisha was unknown in the area. Aisha knew that the first year was going to be about survival. Aisha survived her first six months and within a year she was making profit. Aisha wants to grow her business. She thinks that adding beauty treatments to the services she offers will be a profitable option. She has a friend, Christine, who is a trained beauty therapist. She is thinking of asking Christine to become a partner in the expanded business.

Answers

Answer 1

Advantages of sole trading include that: Aisha will be the boss, and keep keep all the profits. The start-up costs are also low.

Who is a sole trader?

A sole trader is a self-employed person who owns and operates their own business on their own. Because a sole trader business lacks a legal identity separate from its owner, many people believe that you are the business.

In a sole trading, we have maximum privacy, establishing and operating the business is simple. It's easy to change your legal structure later if circumstances change you can easily wind up your business.

Therefore, Aisha should be a sole trader.

To learn more about sole trader, click here:

https://brainly.com/question/29445261

#SPJ1

Your question is incomplete, but most probably the full question was

Explain TWO advantages to Aisha operating as a sole trader


Related Questions

Laws regarding taxes

regulate employee rights to compensation resulting from job-related injuries
regulate employee rights to a safe work environment and reasonable minimum wage
require employers and employees to contribute to the Social Security fund
require employers to disregard gender, race, and ethnicity during the hiring process

Answers

The laws regarding taxes can be defined as require employers and employees to contribute to the Social Security fund. So the correct answer is C.

In economic and business, law generally can be defined as the discipline and profession concerned with the customs, practices, and rules of conduct of a community. Law is an obligation for anyone and bust be paid that are recognized as binding by the community. Enforcement of the body of rules is through a controlling authority. In workspace and economic, Employment laws generally can be defined as a set of rules that govern employees' rights and employers' duties.

Here you can learn more about employment law https://brainly.com/question/30269429

#SPJ4

The childcare center that your niece attends is beginning to offer extracurricular activities for children. What does this
suggest?
O
The childcare center is scaling its business.
O
The childcare center is going out of business.
The childcare center is attempting to recruit.
The childcare center is changing their niche.

Answers

Your kid will benefit from engaging in creative activities as they learn to pay attention, explore new textures, identify new odours, and build a knowledge of their surroundings.

What exercises can you perform to aid in a child's physical development?

Make time for a trek, a stroll, or a trip to a neighboring park with the family. Play sports that require hopping, throwing, catching, and running together. Change things up! Encourage your child to kick the ball with one foot and bat with the other when playing baseball.

What are the top five areas where child development needs to be strengthened?

They are social, emotional, physical, cognitive, and linguistic realms. The JBSA CDPs' method to preschool education is based on the five important domains, but parents can use them as a guide to help their children develop.

To know more about activities visit:

brainly.com/question/30029400

#SPJ1

The head of the attractions team at a theme park leaves a voice message for the maintenance staff to let them know that the lights are not working at one of the rides. This is an example of ___________ communication.

companywide
departmental
interdepartmental
interpersonal

Answers

The head of the attractions team at a theme park leaves a voice message for the maintenance staff that the lights are not working at one of the rides. This is an example of interdepartmental communication.

What is interdepartmental communication?

The majority of interdepartmental communication takes place in a formal setting between various organizational departments. When interdepartmental communication is facilitated by effective infrastructure, it is effective.

A memorandum is a record or note that will be used later. It is practical and beneficial for casual contact. The majority of interdepartmental communication occurs over the phone, although memoranda are utilized when the information needs to be conveyed in writing.

Memos are also sent out when employees need to face disciplinary action. Employees provide suggestions. They are occasionally given from one department to another.

It aids in the creation of novel concepts and strategies. However, its success is based on the management's mentality.

Learn more about interdepartmental communication, here

https://brainly.com/question/29109217

#SPJ1

Which of the following organizations might help you learn how to be financially literate?
A. the IRS
B. the Department of the Treasury
C. Goldman Sachs
D. The Finance Bar

Answers

The Department of the Treasury organizations might help you learn how to be financially literate. The correct option is (B).

What do you mean by the Department of the Treasury?

The Department of the Treasury manages systems that are essential to the country's financial infrastructure, including those that produce coin and currency, distribute payments to Americans, collect taxes, and borrow money needed to sustain the federal government.

Government cash flow, debt management, and accountancy. drafting and enforcing tax and tariff legislation. Internal revenue evaluation and collection. coin and money production.

In addition to advising the President on economic and financial matters, the Department is also in charge of promoting sustainable economic growth and better financial institution governance.

Therefore, the Department of the Treasury organizations might help you learn how to be financially literate.

To know more about the Department of the Treasury, visit:

https://brainly.com/question/24538705

#SPJ1

Other Questions
What are the factors of a mixed economy give an example? 30-60-90Pls help me . I dont know what to do with this one In triangleFGH, the measure of zH=90, HG=36, GF=85, and FH=77 The circular economy encourages reusing and recycling old products rather than simply discarding them. This allows Poshmark to provide fashion at a reasonable price and with a small environmental footprint. Which business environment does the circular environment fall under? Multiple Choice O technological environmentO global environmentO social environmentO competitive environment O economic and legal environment read the prompt below and decide if you agree or disagree, based on readings from this course as well as your own experiences. First, state your opinion, and then argue for the opposing side by considering the most compelling arguments and presenting them in a short paragraph. Once you have completed your post, comment on a classmates post to build on his or her ideas, pose questions, or politely agree or disagree and explain why.Prompt:In the letter from Robert Walton to his sister dated September 12th in Frankenstein, Walton encounters the creature mourning the death of Victor Frankenstein and statesIt is well that you come here to whine over the desolation that you have made. You throw a torch into a pile of buildings, and when they are consumed, you sit among the ruins and lament the fall. Hypocritical fiend! If he whom you mourn still lived, still would he be the object, again would he become the prey, of your accursed vengeance. It is not pity that you feel; you lament only because the victim of your malignity is withdrawn from your power.Waltons opinion of the creatures mourning is one of indignation and disbelief because the creature is asking Victor to forgive his transgressions. Think about Waltons statement and then follow the directions for this discussion. What strategies did twentieth century authors use to develop the theme of disillusionment? Regular physical activity decreases what? the incidence of depression, anxiety, stress, and insomniablood flow and oxygen levels in the brainblood sugar regulationcardiovascular functioning Understanding your own strengths in the workplace and areas in which you could improve is an attribute of which skill? What is not one of the main problems that can occur when implementing a large number of new systemswithin an organization?O Stakeholder confusionOExceeding the budgetWasted timeO Malware Investment account 1 starts with a balance of $800 and increases s by $100 each year. Investment account 2 starts with a balance of $100 and doubles every two years.How long does it take for each account to double? how did the romantic concept of religion differ from reformation protestantism and enlightenment deism which of the following is not an example of an existing source of data? a. the internet b. internal company records c. u.s. census bureau d. data from an experiment How would you describe the tone and purpose of these experts from Shackleton memoir 900 ml of water is added to 100 ml of a 0.1 m solution. what is the new concentration? Nikoli and Sandy each receive a weekly allowance. They also each earn $d per chore that they complete around the house during the week. The table shows each person's earnings last week. The friends plan to save 75% of their combined earnings from the week to buy materials for a tree house. If d = 3, how much will they have to spend on materials for the tree house? is the stock market open on martin luther king day what is the midpoint of 7.089 and 7 9/100 How did the invention of the steamboat help the United States to industrialize? describe the roles integrity, authority, and discretionary power play in all aspects of criminal justice when addressing a juvenile defendant. describe how a reflective journal is like looking in a mirror. do you agree with that analogy? why or why not