Multinationals
Andrew Dass started Dass Corporation in the early seventies. He put together computers in the garage and sold them to friends and neighbours. Two years later, he opened his first shop. Within five years, he owned retail outlets throughout North America.
In 1980 Dass merged with Gill plc. The merger made Dass the sixth biggest manufacturer of computers in the U.S.A. In the next ten years, they opened factories in Europe, Asia and South America.
Dass is now one of the biggest multinationals in the world, with offices in over 130 countries. The garage is now part of the Andrew Dass Museum.
Ask the expert
I want to start my own business as a computer consultant. What kind of company should I set up?
In Britain, if it’s just you, easiest is to be a sole trader. No legal problems, no bureaucracy. You are self-employed. If you are planning to work with one or two others, you could form a partnership. Partners share the risks, and the profits.
But a sole trader and a partnership have liability and debts. If business is bad, you may have to sell your house! That’s why some people set up a limited company. It’s easier to borrow money, and even if you go out of business, your home is safe.
Andrew Dass started Dass Corporation in the early seventies. He put together computers in the garage and sold them to friends and neighbours. Two years later, he opened his first shop. Within five years, he owned retail outlets throughout North America.
In 1980 Dass merged with Gill plc. The merger made Dass the sixth biggest manufacturer of computers in the U.S.A. In the next ten years, they opened factories in Europe, Asia and South America.
Dass is now one of the biggest multinationals in the world, with offices in over 130 countries. The garage is now part of the Andrew Dass Museum.
Ask the expert
I want to start my own business as a computer consultant. What kind of company should I set up?
In Britain, if it’s just you, easiest is to be a sole trader. No legal problems, no bureaucracy. You are self-employed. If you are planning to work with one or two others, you could form a partnership. Partners share the risks, and the profits.
But a sole trader and a partnership have liability and debts. If business is bad, you may have to sell your house! That’s why some people set up a limited company. It’s easier to borrow money, and even if you go out of business, your home is safe.
Last modified: შაბათი, 5 იანვარი 2013, 10:52 AM