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Can a sole trader or partnership use co UK extension or does it need to be a ltd co?
Wiki User
∙ 12y ago
Don't know how long ago you asked this, but here's an answer anyway. :o)
The co.UK (and .com) domains certainly were originally created and intended for companies to use, but these days pretty much everyone uses them - even private individuals.
Personally, I would choose co.UK. I would also get the other well known options, such as .net, .biz, .org. It reduces the chance that anyone else would try to use the same domain name. It's very easy to set things up so all of them are 'pointed' to your site hosted on your co.UK domain, which ensures everyone looking for your site will end up at the right place even if they entered the wrong URL ending.
Wiki User
∙ 12y ago
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How can a sole trader can be converted to a partnership?
By humping dogs
What is an example of an unincorporated business?
A Sole Trader or an Partnership
Explain the significance of limited liability to sole trader and partnership?
Type Explain the significance of limited liability to sole trader
What type of business a sole trader could change into?
a partnership.
Differences between sole trader and partnership?
A sole trader is an individual who owns a business entirely where as, a partnership is a busines entity comprised of two or more individuals. A sole trader would become personally liable for paying the debts where as in partnership, personal liability is shared, meaning that all partners will be liable to cover the compay's debts. A sole trader is solely responsible for the financial dealings where as in partnership, all partners contribute towards capital in the firm.
Compare and contrast sole proprietor and partnership?
When comparing and contrasting sole traders and partnerships it is essential that you consider what the question is asking - compare means similarities and contrast means differences. COMPARE A sole trader AND a partnership both have unlimited liability, except where there is a sleeping partner, who would not be affected by this. A sole trader AND a partnership both operate in the private sector of business. A sole trader AND a partnership both have similar goals or objectives - survival, make a profit, increase market share. A sole trade AND a partnership are both likely to financed in a similar way, ie bank loan, personal savings or from friends and family. CONTRAST A sole trader is owned by ONE person WHEREAS a partnership can be owned by anything between 2 and 20 people. A sole trader has the final say in decisions WHEREAS a partnership can discuss decisions and get other people's ideas. A sole trader has full and final responsibility for the business and has to be a "Jack of all trades" WHEREAS in a partnership there can be specialisation of each partner. A sole trader gets to keep all the profit (if (s)he makes one) WHEREAS a partnership must share out the profit in pre-designated proportions.
What are the three main types of business organisation?
1.Sole Proprietor or Sole Trader 2.Partnership 3.Corporation or Company
Identify four departments of a typical business?
sole trader, partnership,private sector, and public sector
Is Microsoft sole trader or partnership?
Neither. It's a publicly owned company (sells regular and preferred stocks.)
Why is a partnership better than a sole trader?
BECAUSE IF YOU MESS UP YOUR PARTNER GOT YER BAK FOOL
What is the role of a sole trader in the Kenyan economy?
A sole trader supplies clients with products they need at a convenient level. The trader is the link between wholesalers and customers.
Why would a sole trader change to a partnership?
so that they can save their business if it is going to become bankrupt or something. and then they can go into partnership with someone so that their business is save. What a load of poo
