Business

Table of Contents
Introduction 1
Analysis of ASDA stores and Ultimate Taste store 1
Private Limited versus Sole Traders 1
Liability 1
Administration 1
Taxes 1
Financial consideration 1
Continuity 2
Financial accounts 2
Shares 2
Conclusion 2








Introduction
This literature is aimed at comparing and contrasting British supermarket chain ASDA Stores Ltd with Ultimate Taste store. ASDA is a Private Limited Company while African and Asian store is a sole trader. In the course of this report, the advantages and disadvantages of ASDA stores and that of Ultimate Taste store will be looked at.
Analysis of ASDA stores and Ultimate Taste store
• ASDA Stores Limited is a branch of Wal-Mart; it deals on grocery and general
Products in the UK.   ASDA as a company has over 378 stores within the UK that mainly deals on groceries and clothing. ASDA headquarters is located in Leeds in the UK and employs about 170000 employees (Asda Stores Limited, 2010). While, Ultimate Taste store is a single seller that sells hot and cold drinks, kebabs, chips, hot dogs and lots more. Ultimate stores mainly prepares lunch meals, the shop is operated by its owner.  
• ASDA Stores gives customers the option to order goods online and get the goods delivered to their homes while the Ultimate Store does not have such option for its customers because it’s quite expensive and it is run by just one person which makes it difficult to leave the shop and deliver goods to customers.
Private Limited versus Sole Traders
Liability- ASDA has limited liability, which is the liability of subscribers are limited to what they have invested in the company. Ultimate Stores has unlimited liability, it takes full responsibility for debts and losses (Worthington .I and Britton .C, 2006)
Administration- Ultimate Taste Store pleases himself with the day-to-day running of the business. However, that of ASDA is operated according to its rules and regulations (Wetherly .P and Otter .D).
Taxes-...