Business Lecture Week 5

The following lecture was related to firms and starting your business may it be big or just freelance. We were shown the method of trade and also given warnings on if we start up it is essential to to keep a record of our trade as the tax-man will want to know.

Similarly with partnership where you are jointly liable for the debt either partner is in so to be wary of that.

The following diagram shows the importance of finance management.