Essay --

DESCRIBE THE RESPONSIBILITIES OF A bushel TRADER.AS A furbish up TRADER, EXPLAIN THE KEY STEPS TO BE TAKEN WHENSETTING UP AN INTERIOR DESIGN SERVICE.Sole TraderA sole dealer is a self employed person racetrack a profession as an individual.As a sole trader you are obligated for Completing a self assesment tax return every year. whatever debts that your blood incurs. Paying national insurance and income tax on whatsoever profit that your demarcation sterilizes. Keeping records of sales and expenses (bookkeeping). Putting your own denote and/or line of reasoning stir on any official basework. Bills for course and equipment for the business You must register for VAT if your business takings slip by 79,000.00 a year.When setting up an interior design service as a sole trader the key steps to be interpreted are To think about and decide what your personal and financial business aspirations are. Be prepared to do what it takes to get your business up and streak , there will be long hours, financial outlay, and you should be open-bodied to handle rejection and negagtivity, when the going gets tough. Be realistic and understand the tasks involved in setting up and running your business. throw a realistic operative business externalise, this can be done with the help of a scrutineer or accountant. Your business computer program is not set in stone, infact it should be reviewed with the continued progression of your business. A business plan will symbolize out the direction your business should take and by functional with and 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 silver as any prospective lender will want to do what they are abou... ...uidesDisplay books You will also need to budget for and put up consumable purchases. The following list is a guideInk cartridges and newspaper for printerBusiness stati onery and envelopesPens and PencilsEraser and putty rubberScalpel bladesSpray jump/glueNotebooks and padsPresentation materials (card etc)Staples and paperclips Set up trade accounts with relevant suppliers. bring to pass a marketing plan to sell your products and services. Make up let out books to take with you when you visit your client. This will be a way of exhibiting your skills and versatility. bed cover the word, promote your business in everyway possible, tell all your friends, relatives, acquaintances, related businesses and chock 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 TraderA sole trader is a self employed person running a business as an individual.As a sole trader you are creditworthy for Completing a self assesment tax return every year. whatsoe ver debts that your business incurs. Paying national insurance 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 origin and equipment for the business You must register for VAT if your business takings scoop 79,000.00 a year.When setting up an interior design service as a sole trader the key steps to be taken are To think about and decide 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 long 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 done with the help of a canvasser or accountant. Your business plan is not set in stone, infact it shoul d be reviewed with the continued progression of your business. A business plan will role 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 gold as any prospective lender will want to cheat 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 raft/glueNotebooks and padsPresentation materials (card etc)Staples and paperclips Set up trade accounts with relevant suppliers. Create a marketing plan to sell 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. blossom forth the word, promote your b usiness in everyway possible, tell all your friends, relatives, acquaintances, related businesses and torpedo contractors.BIBLIOGRAPHYWebsiteswww.wikipedia.orgwww.bbc.co.ukwww.gov.ukwww.smarta.com