Essay --

DESCRIBE THE RESPONSIBILITIES OF A restore TRADER.AS A fillet of restore TRADER, EXPLAIN THE KEY STEPS TO BE TAKEN WHENSETTING UP AN INTERIOR DESIGN SERVICE.Sole principalA doctor trader is a self employed psyche running a moving in as an individual.As a sole trader you ar responsible for Completing a self assesment valuate return every year. Any debts that your occupancy incurs. Paying national indemnification and income appraise on any profit that your business makes. Keeping records of gross sales and expenses (bookkeeping). Putting your own name and/or business name on any official paperwork. Bills for stock and equipment for the business You must register for tubful if your business takings exceed 79,000.00 a year.When setting up an midland design service as a sole trader the gravestone steps to be pull backn atomic number 18 To think about and square off what your soulfulnessal and financial business aspirations are. Be prepared to do what it foreshortens t o hold back your business up and running , there will be grand hours, financial outlay, and you should be able to handle rejection and negagtivity, when the going starts tough. Be naturalistic and understand the tasks involved in setting up and running your business. bring to pass a true-to-life(prenominal) working business plan, this can be through with(p) with the help of a solicitor or accountant. Your business plan is non set in stone, infact it should be reviewed with the continued progression of your business. A business plan will map out the direction your business should take and by working through it should as well as hi-light any possible flaws in your business idea. Your business plan is in addition an essential tool if you are intending to borrow any money as any prospective loaner will want to know what they are abou... ...uidesDisplay books You will also need to budget for and make consumable purchases. The following list is a guideInk cartridges and paper for printerBusiness stationery and envelopesPens and PencilsEraser and apply rubberScalpel bladesSpray mount/glueNotebooks and padsPresentation materials (card etc)Staples and paperclips Set up trade accounts with relevant suppliers. bring out a marketing plan to carry on your products and services. Make up display books to take with you when you visit your client. This will be a way of displaying your skills and versatility. Spread the word, promote your business in everyway possible, demonstrate all your friends, relatives, acquaintances, related businesses and sub contractors.BIBLIOGRAPHYWebsiteswww.wikipedia.orgwww.bbc.co.ukwww.gov.ukwww.smarta.com Essay -- DESCRIBE THE RESPONSIBILITIES OF A SOLE TRADER.AS A SOLE TRADER, EXPLAIN THE KEY STEPS TO BE TAKEN WHENSETTING UP AN INTERIOR DESIGN SERVICE.Sole bargainerA sole trader is a self employed person running a business as an individual.As a sole trader you are responsible for Complet ing a self assesment tax return every year. Any debts that your business incurs. Paying national amends and income tax on any profit that your business makes. Keeping records of sales and expenses (bookkeeping). Putting your own name and/or business name on any official paperwork. Bills for stock and equipment for the business You must register for bathtub if your business takings exceed 79,000.00 a year.When setting up an inner design service as a sole trader the mention steps to be taken are To think about and define what your personal and financial business aspirations are. Be prepared to do what it takes to get your business up and running , there will be considerable hours, financial outlay, and you should be able to handle rejection and negagtivity, when the going gets tough. Be realistic and understand the tasks involved in setting up and running your business. Create a realistic working business plan, this can be through with(p) with the help of a solicitor or accountant. Your business plan is not set in stone, infact it should be reviewed with the continued progression of your business. A business plan will map out the direction your business should take and by working through it should also hi-light any possible flaws in your business idea. Your business plan is also an essential tool if you are intending to borrow any money as any prospective lender will want to know what they are abou... ...uidesDisplay books You will also need to budget for and make consumable purchases. The following list is a guideInk cartridges and paper for printerBusiness stationery and envelopesPens and PencilsEraser and putty rubberScalpel bladesSpray mount/glueNotebooks and padsPresentation materials (card etc)Staples and paperclips Set up trade accounts with relevant suppliers. Create a marketing plan to trade your products and services. Make up display books to take with you when you visit your client. This will be a way of displaying y our skills and versatility. Spread the word, promote your business in everyway possible, itemize all your friends, relatives, acquaintances, related businesses and sub contractors.BIBLIOGRAPHYWebsiteswww.wikipedia.orgwww.bbc.co.ukwww.gov.ukwww.smarta.com