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Or you could market your services to the marina to contract you to do the boat cleaning it offers to customers. Company limited by guarantee is Commonly used where companies are formed for non-commercial purposes, such as clubs or charities. The members guarantee the payment of certain amounts if the company goes into insolvent liquidation, but otherwise, they have no economic rights in relation to the company. A company limited by guarantee may be with or without having share capital. A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit.

  • You could probably make a living helping seniors learn how to use the internet and e-mail to keep in touch with their loved ones, who are now commonly spread around the country.
  • Since delivering a well-made product is key to keeping your customers happy, you don’t want to be “training” as