it is very helpful if you are always in the field of complex calculation otherwise it is a weight on you and make your mind lazy.
The advantages are that you will not have to pay it back or worry about interest. Disadvantages are that you have to come up with the money no your own.
Advantages of being a sole trader include you being in complete control. You do not have to answer to anyone. You get to keep all of the profits to yourself. Disadvantages include you being on your own. You have all of the responsibility.
Advantages:Being your own bossBeing in controlMaking your own moneyHiring own employeesBecoming successfulDisadvantages:Taking risksHaving the business failUnable to come up with innovative ideasProduct/idea diesTaxes
Advantages. Choose hours of work. Make your own decisions. All the profit made is your own. Claim expenses and certain costs (car, phone, some entertainment) against tax. Disadvantages. No sickness pay. No set holiday pay. Job security is not a fact. The time consuming accounting is done in your own "free" time. Continuity of work. etc.
There are some advantages of having sole proprietorship for a business, such as, control over decision making, being your own boss, less tax payments and the whole experience is typically less formal.
Advantages: Having your own place Not having someone checking on you 24/7 Feeling responsibility and freedom Disadvantages: Pay rent Buy groceries and othe expenses
It's not a definite source of income, unlike being employed. because if your employed it would be illegal to not get payed.
The advantages are that you will not have to pay it back or worry about interest. Disadvantages are that you have to come up with the money no your own.
Disadvantages Resources are limited financing available for growth is not sufficent Advantages Resources areused efficently adopts new tehhnologies quickly
Its perfect therew are no disadvantages Its perfect therew are no disadvantages
penutbutter
penutbutter
Advantages are that they could grow and eat their own crops. And that there were many ways yto be resourceful
Advantages: you don't have to own a computer or pay for your own Internet connection Disadvantages: There are so many security risks when you use an Internet cafe. There may be a key logger installed on the computer. The owner of the cafe may be monitoring/filtering your Internet traffic. You are much more susceptible to ID theft. You have no control over what programs are/are not on the machine.
You can go where you want, when you want.
Advantages of being a sole trader include you being in complete control. You do not have to answer to anyone. You get to keep all of the profits to yourself. Disadvantages include you being on your own. You have all of the responsibility.
Advantages of having two rooks in chess include their combined power to control the board and their ability to work together to attack and defend. Disadvantages include the need for coordination and potential vulnerability if separated. A queen, on the other hand, is versatile and can cover more ground on her own, but may be more vulnerable to attack due to being a single piece.