Simon Clarke: Trade Unions in the Former USSR ESRC East ...

Advantages. 1. Easily and quickly formed and dissolved. 2. Close relationship with customers. 3. Decisions can be made quicker. 4. Takes all profits. 5. Pays lower personal tax not company tax. Disadvantages. 1. Limited capital and it is not easy to get loans. 3. Long working hours. 4. Business usually dissolves if owner dies. 4. Lack of specialized staff. Formation ................
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