Essay On Public Sector

a) Public Sector
In this nationwide, every countries must have a government that control every bit of their country. Although each country have their own way of managing the economy, basically public sector is the same, it provides good and services without generating profits. Public sectors are companies that managed or operated by the government or higher authorities to provide good and services to the public. The government must have several special departments to balance the country economy and relationship inside out of the country such as central government and local government.
The aim and goal of public sector is to provide the public with the good and services for free and some of them are charge by paying taxes which is still not profitable. If the government charge for the good and services provided, it would be impossible to manage and not every people can afford to pay for the bills. By helping the public with good and services, it actually help the government generates

Sole proprietor business consists of the owner who control and own the businesses. It is easy to set up with payable taxes and fees from the government and few regulations to follow. In Brunei Darussalam, to be a sole proprietor taxes is not given but have to pay fee of BND30 for legal business name and certificate. It is only provided to citizen of Brunei Darussalam.
Being a sole proprietor is easy but shouldn’t took granted for it because the owner have unlimited liabilities of the business, which means the profit and losses or debt and taxes are in the hand of the owner. To be a successful sole proprietor, the owner must have good business background with a lot of experiences and preparations. In this modern year, people tend to set up a web based or home based businesses because it is easier and less requirement needed.