1 / 1

Deli 28

Deli 28. University student, Hannah Pursall , set up Deli 28 in 2007, realising she could make significant improvements to the type of business she worked in whilst on work placement.

garry
Download Presentation

Deli 28

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Deli 28 University student, Hannah Pursall, set up Deli 28 in 2007, realising she could make significant improvements to the type of business she worked in whilst on work placement. Deli 28 is a wholesaler of fine foods that sells to retailers and to businesses involved in food production, such as delicatessens, restaurants, sandwich shops and hotels. When considering setting up the business, Hannah had to consider the right legal structure for the business. As a sole trader Hannah would be solely responsible for the debts of the business, but she would be the only recipient of the profit. She was aware that’s setting up her business as a sole trader would enable her to get started quickly with only a minimum requirements to keep records for basic tax, National Insurance and Value Added Tax (VAT) purposes. However, although a partnership may take a little longer to set up, Hannah would not be solely responsible for the risks, costs and responsibilities of the business. Ultimately, Hannah felt that the sole trader option was the best route for her. After all, she was the one who had the idea for the business and the enthusiasm to see it through. It was true that Hannah wouldn’t be working alone, as a number of her family had agreed to work for her on a part-time basis to support her. This would enable her not only to have day-to-day help, but also colleagues with whom she could discuss important decisions.

More Related