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What is different and similar between franchise and sole trader?
Wiki User
∙ 12y ago
Sole traders just trade and produced the sole on the bottom of your shoes. Franchises are specialised to trade/sell french products
Wiki User
∙ 12y ago
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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.
What are the different forms of business organization?
Sole trader Charities Franchiser Private Limited Company
Where can you find a heavy equipment trader for your small business?
If you have a local heavy equipment store or trader, you should probably check there first. Also, online are several websites that offer equipment trades between people. Websites such as Equipment Trader Online would be a good place to start.
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.
Describe the four main types of profit making business enterprise?
The four types of profit making business enterprise are sole trader, partnership savings, company loans, and franchise profits. All of these types of enterprises contribute to the finances of businesses.
How do you apply for joes crab shack franchise?
Unfortunately, Trader Joe's does not franchise their stores.
What are the names of two different ad trader companies?
The companies Adexchanger and Adtraders are the names of two different ad trader companies. More ad trader companies can be found on google and other websites.
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.
What is the difference between a stock or commodity broker and a stock or commodity trader?
A Trader is someone who buys/sells stocks or commodities. A Broker is one who helps the trader in his buying/selling
What is the difference between trader and distributor?
A distributor is one who buys product from the manufacturer and bound to not to sell any other similar or competitive product and he can appoint dealers whereas the trader is one who buys product from the dealers/wholesellers and they are not qualify as a typical retailer,they sell directly to the consumer. i think the general order is:- Manufacturer Distributor Wholesaler Trader/Retailer Consumer correct me if i m wrong.
Compare a sole trader with a franchise?
Sole trader - where a business is set up by one person Advantages: Has their own say Makes their own decisions. Disadvantages: Unlimited liability - have to pay everything yourself if you lose money. Franchise - where you buy into an existing company e.g. Mcdonalds Advantages: You are part of a well-known company Limited liability - if you lose monet, you only lose what you put in. The company you have bought into will provide the money
Are potatoes cheaper at target?
Trader Joes usually has similar prices for potatoes as Target. And they will be fresher as well.
What is the difference between a prop trader and a day trader?
A prop trader is someone that is trading someone else's money, "the firm," and typically making commissions on the profitable trades they make. A day trader is someone who buys securities and sells them in the same day. Intra-day trading is a term also used. A prop trader can be a day-trader if that is the firm or the individuals trading style.
What is the difference between a day trader and a prop trader?
A day trader is a trader who buys and sells financial instruments (eg stocks, options, futures, derivatives, currencies) within the same trading day such that all positions will usually be closed before the market close of the trading day. - An institutional day trader is a trader who works for a financial institution. - A retail day trader is a trader who works for himself, or in partnership with a few other traders. A retail trader generally trades with his own capital, though he may also trade with other people's money. A proprietary trader ("prop trader") is a trader who trades securities on the account of the institution he/she works for, not for client-based business.
What are some motorcycle trader companies?
There are many motorcycle trader companies. For example; Cycle Trader, Australian Motorcycle Trader, Trader Online, Auto Trader, Mag Shop and Motorcycle Trader.
What is the difference between a trader and a consumer?
A trader is someone who purchases or sells, voluntarily swap of goods and services. A consumer is a person, organisation or a business that buys goods and services.
Which trail was made by a trader and wagons between Texas and Kansas?
That is the (Jesse) Chisholm Trail, which went between Texas and Kansas.
