Explain why two sole traders might combine their businesses and form a limited company.
Question:
Explain why two sole traders might combine their businesses and form a limited company.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (3 reviews)
Two sole traders might choose to combine their businesses and form a limited company for a variety of reasons each rooted in the potential benefits and advantages that this transition can bring The de...View the full answer
Answered By
Mark Odhiambo Odero
As a Bachelor of Education graduate from KIbabii University and an assistant lecturer at JKUAT, I have gained extensive experience and developed professional qualities that make me a great candidate for an academic writer at SolutionInn.
Firstly, I have a strong passion for education and tutoring. This passion has motivated me to pursue a career in education and has helped me to become an effective educator. I believe that education is the key to unlocking the potential of individuals, and I am committed to helping students achieve their full potential. My passion for education has also helped me to stay up-to-date with the latest developments in education and teaching methodologies.
Secondly, I possess excellent communication skills. Communication is an essential aspect of education, and as an assistant lecturer, I have developed effective communication skills that have helped me to interact with students, colleagues, and senior lecturers effectively. I am able to communicate complex ideas in a simple and understandable way, and this has helped me to build strong relationships with my students.
Thirdly, I have strong organizational skills. As an assistant lecturer, I am responsible for preparing course materials, grading assignments, and keeping track of student progress. These responsibilities require a high level of organization and attention to detail, and I have developed effective organizational skills that enable me to manage these tasks effectively. These skills will be useful in my role as an academic writer at SolutionInn, where I will be required to manage multiple projects and meet tight deadlines.
Fourthly, I am a self-motivated and proactive individual. I take the initiative to identify problems and find solutions to them, and I am always willing to go the extra mile to ensure that I deliver high-quality work. I am also a fast learner and can adapt to new situations quickly, which is essential in the fast-paced world of academic writing.
Lastly, I possess excellent research skills. As an academic writer, research is an essential aspect of my job, and I have developed effective research skills that enable me to find relevant and reliable information quickly. I am also proficient in using various research tools and software, which will be useful in my role as an academic writer.
In conclusion, my professional qualities make me a suitable candidate for an academic writer at SolutionInn. I am passionate about education, possess excellent communication and organizational skills, am self-motivated and proactive, and have excellent research skills. I believe that these qualities will enable me to deliver high-quality work and help students achieve their academic goals.
0.00
0 Reviews
10+ Question Solved
Related Book For
Cambridge International AS And A Level Accounting
ISBN: 9781444181432
1st Edition
Authors: Ian Harrison
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
When two sole traders form a limited company they would retain the principle of unlimited liability. True/False?
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
The Sellinger Business School's Information Technology Service (ITS) is considering a new process to refurbish older computers in order to save on costs of buying new computers. The five steps to the...
-
This question will compare two different arbitrage situations. Recall that arbitrage should equalize rates of return. We want to explore what this implies about equalizing prices. In the first...
-
A random sample of n1 = 650 individuals results in x1 = 156 successes. An independent sample of n2 = 550 individuals results in x2 = 143 successes. Does this represent sufcient evidence to conclude...
-
A capacitor connected to a battery initially holds a charge of \(+q\) on its positive plate and \(-q\) on its negative plate. The electric field between the plates is initially \(\vec{E}\). A...
-
The Clark County Sheriffs Department schedules police officers for 8-hour shifts. The beginning times for the shifts are 8:00 A.M., noon, 4:00 P.M., 8:00 P.M., midnight, and 4:00 A.M. An officer...
-
(a) Explain four reasons why multinational corporations (MNCs) forecast exchange rates. (b) (4 marks) SPL Limited, a company based in Kenya expects to receive 2 million Euros in one year's time. The...
-
Import duties are always paid by the consignor. True/False?
-
A manufacturer of television sets starts production of microwave cookers. This is an example of diversification. True/False?
-
A newly constructed water treatment facility cost $2 million. It is estimated that the facility will need revamping to maintain the original design specification every 30 years at a cost of $1...
-
Q-1 The geared mechanisms shown below has a total of 7 links and 8 joints. a) Draw a kinematic graph representation (connectivity diagram) of the mechanism. [30 pts.] b) Referring to the kinematic...
-
Los Pollos Hermanos is a public company that is expected to pay out 10% of its earnings per share as dividends over the next 3 years. The other 90% of the earnings will be invested in opening new...
-
Firefox File Edit View History Bookmarks Tools Window Help 758 FASB Accounting X Getting Started iCloud Yahoo Bing Google Wikipedia Facebook Twitter LinkedIn The Weather 4 Wk 3 - Apply: Summative...
-
A firm has been experiencing low profitability in recent years. Perform an analysis of the firm's financial position using the DuPont equation. The firm has no lease payments but has a $3 million...
-
A developer purchased a tract measuring 1,452 feet by 1,200 feet for $3,000 per acre. The sale contract provided for the developer to pay the seller 29% of the purchase price in cash, the developer...
-
Refer to Data Set 12 in Appendix B, and use the heights of U.S. Presidents and the heights of their main opponents in the election campaign. Does there appear to be a correlation? Construct a scatter...
-
Explain the term global capital markets. This chapter primarily discusses global equity markets. What other types of financial instruments are traded in these markets? How important are global...
-
Explain why a firm may want to pursue a market penetration opportunity before pu r suing one involving product development or diversification.
-
In your own words, explain several reasons why a marketing manager should co n sider international markets when evaluating possible opportunities.
-
Give an example of a foreign-made product (other than an automobile) that you pe r sonally have purchased. Give some reasons why you purchased that product. Do you think that there was a good...
-
Investigate continuity of the function and draw its' graph: 1 f(x)=x-2.5' x <3; /2x-5, x3.
-
7-8. A shop can sell 216 microwaves a week at price of $80. Market researches show that each change of price by $5 changes the quantity of sold TVs for 8 units. At which price microwaves must be sold...
-
The shape of a piece of land is shown. To estimate the area of the land, a surveyor takes measurements at intervals of 50m, perpendicular to the straight portion with the results shown (the...
Study smarter with the SolutionInn App