A business (sole proprietorship) is a trading tittle for the business owner/proprietor. A business may have more than one proprietors. The day to day running and management of the business affairs the sole responsibility of the proprietor(s). The proprietor gets to enjoy all profits as well as settle business liabilities by using personal owned assets. […]
Sole proprietorships Refers to the business unit owned and run by one person. It can be either the head of a family or a person that individual operates the business by themselves. The person is responsible for the business decisions they make hence the growth of the business relies on the decision made by the […]
A branch is where a new location, division, department, or office is set up, still under the original company’s name and is still part of that legal entity. It is a part of a company that is organized so as to conduct business on behalf of a company, as opposed to carrying on business that […]
