setting up a company
... It is also easier for the managing director to split tasks up into different sections, i. ... Money, which they have saved up themselves, i. ... Disadvantage – if the business fails then it would feel a waste of time saving up. ... Disadvantages – if the suppliers don’t get to the company in time then they haven’t got any stock to fall back on if the customer is waiting. ... If the company does badly then you will have complaints from your buyer. ... It can become expensive for smaller company’s. ... Bank allows company to borrow a fixed amount of money. ... Company hires equipment from another firm. ... You also don’t end up buying the equipment. ... Long-term loan for a large company. Advantage – debentures can last up to 20 years. Disadvantages - has to be paid back in interest whether the company makes a profit or not.