#Sole Trader benefits

[georgeshutcheson]

Advantages of Being a Sole Trader

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Advantages of Being a Sole Trader

Being a sole trader presents numerous advantages that make it an appealing option for entrepreneurs. By assuming full control and responsibility for your business, you have the freedom to make autonomous decisions and navigate the direction of your enterprise. As a sole trader, you have sole ownership of profits, allowing you to retain and reinvest all earnings. Additionally, the simplified legal and financial requirements, coupled with the ease of set up, provide a seamless platform for individuals starting their business journey. In this article, we will explore the various advantages of being a sole trader, shedding light on the potential benefits that lie ahead for those who choose this path.

Tax Advantages

Simplified tax reporting

Being a sole trader can bring significant tax advantages. One of the key benefits is the simplified tax reporting process. Unlike larger businesses with complex structures, as a sole trader, you have the convenience of reporting your business income and expenses directly on your personal tax return. This simplification not only saves you time but also makes it easier to keep track of your financials and ensure compliance with tax obligations.

Income tax deductions

As a sole trader, you are entitled to claim income tax deductions on various business-related expenses. This means that you can offset the costs incurred in running your business against your taxable income, potentially reducing your overall tax liability. Common deductions include office rent, utilities, business-related travel, and marketing expenses. By taking advantage of these deductions, you can effectively lower your taxable income and save on your tax bill.

Access to small business concessions

Operating as a sole trader makes you eligible for various small business concessions, which can provide significant financial benefits. For example, certain tax concessions may be available, such as the simplified depreciation rules, which allow you to immediately deduct the cost of assets up to a certain threshold. Additionally, you may have access to capital gains tax concessions, which can reduce the tax payable when you sell certain business assets. These concessions not only support your business growth but also help improve your overall financial position.

Autonomy and Control

Decision-making freedom

As a sole trader, you have complete autonomy and control over your business decisions. Unlike in a partnership or company where decision-making involves multiple individuals, as a sole trader, you can make important choices independently. This freedom allows you to respond quickly to market changes, implement innovative strategies, and drive your business towards success without the delays and complications that can arise from consensus decision-making.

Flexibility in operations

Being a sole trader grants you the flexibility to mold your business operations according to your preferences and the needs of your customers. You have the freedom to set your own working hours, determine pricing strategies, and develop unique products or services. This flexibility enables you to adapt to changing market conditions swiftly and efficiently, staying ahead of your competitors and meeting the evolving demands of your customers.

Direct interaction with customers and suppliers

Operating as a sole trader provides you with the distinct advantage of having direct interaction with both your customers and suppliers. This direct line of communication allows you to establish personal connections and build stronger relationships with your stakeholders. By understanding your customers’ needs and preferences firsthand, you can tailor your offerings to suit their requirements, thereby enhancing customer satisfaction and loyalty. Similarly, direct interaction with suppliers enables you to negotiate better terms, forge mutually beneficial partnerships, and ensure a smooth supply chain.

Ease of Formation

Simplified registration process

Forming a sole trader business is relatively simple and straightforward. Compared to the formation of complex business structures, such as partnerships or companies, the registration process for a sole trader involves fewer legal formalities. In most cases, you only need to register with HM Revenue and Customs (HMRC) by 5th of October following the tax year in which you started the business. This ease of formation means that you can start your business quickly, avoiding the complexities and delays associated with more elaborate business structures.

Lower startup costs

Starting a business as a sole trader typically incurs lower startup costs compared to other business structures. Since there are no requirements for shareholders or directors, you can begin operating with minimal financial investment. This allows you to allocate your resources efficiently, reducing the financial burden during the early stages of your business. By keeping your startup costs manageable, you can navigate the initial challenges with ease and focus on growing your business sustainably.

No requirement for shareholders or directors

One of the key advantages of operating as a sole trader is the absence of any requirement for shareholders or directors. This means that you can establish and run your business entirely on your own. Unlike companies that often necessitate multiple stakeholders and directors, a sole trader business allows you to maintain complete control and independence. This simplicity enables you to make decisions swiftly and avoid the complexities associated with managing diverse perspectives and conflicting interests.

Profit Retention

Full control over profits

As a sole trader, you have full control over your business profits. Unlike in partnerships or companies where profits are often shared among multiple owners, all the profits generated by your sole trader business belong to you. This control allows you to decide how to allocate and reinvest your earnings according to your business priorities and growth objectives. By retaining full control over profits, you have the flexibility to reinvest in your business, expand your operations, or save for future endeavors.

Ability to reinvest

Since you retain full control over your business profits, you have the freedom to reinvest your earnings back into your business. This reinvestment can take various forms, such as upgrading equipment, expanding your product range, or improving marketing efforts. By reinvesting, you can enhance the competitiveness and productivity of your business, paving the way for long-term growth and success. This ability to reinvest your profits without external constraints is a distinct advantage of being a sole trader.

No obligation for profit distribution

Unlike in partnerships or companies, there is no legal obligation to distribute profits to other stakeholders as a sole trader. This means that you are not compelled to share your hard-earned profits with anyone else. Instead, you can choose to reinvest the profits, save for future needs, or enjoy the financial rewards personally. This flexibility in profit distribution allows you to prioritize your financial goals and choose how best to utilize the earnings of your business to support your personal and business aspirations.

Privacy

No public disclosure of financial information

One of the main advantages of a sole trader is the level  of privacy and confidentiality that it offers which may not be available to businesses with larger structures. Unlike companies, which are required to publicly disclose their financial statements, as a sole trader, you can keep your financial information private. This confidentiality ensures that sensitive business details, including revenue, expenses, and profits, remain confidential, shielded from competitors and the general public. Privacy regarding financial information can provide a sense of security and protect your business interests.

Confidentiality in business affairs

Being a sole trader allows you to maintain a high level of confidentiality in your business affairs. Unlike companies, where information is often shared among shareholders and directors, as a sole trader, you have the luxury of confidentiality. You can keep your business strategies, trade secrets, and competitive advantages confidential, reducing the risk of unauthorized use or dissemination of critical business information. This confidentiality can give you a competitive edge and protect your business interests.

Direct Relationships

Cultivating personal connections

One of the key advantages of being a sole trader is the opportunity to cultivate personal connections with your customers, suppliers, and other stakeholders. As the sole face of your business, you have the chance to build strong relationships based on trust and personal rapport. By engaging directly with your stakeholders, you can better understand their needs, preferences, and concerns. This personalized approach establishes a solid foundation for long-term relationships and customer loyalty, allowing your business to thrive.

Building trust and loyalty

Direct interaction with stakeholders enables you to build trust and loyalty, critical components for the success of any business. As a sole trader, your customers and suppliers have direct access to you, allowing for open lines of communication and prompt resolution of any issues or concerns. By consistently delivering exceptional customer service, maintaining transparency, and meeting commitments, you can earn the trust and loyalty of your stakeholders, leading to repeat business and positive word-of-mouth recommendations.

Direct communication with stakeholders

Operating as a sole trader grants you the advantage of direct communication with your stakeholders. Unlike larger businesses where layers of bureaucracy can hinder effective communication, as a sole trader, you have the ability to interact directly and promptly respond to inquiries, feedback, and concerns. This direct line of communication fosters clarity and understanding, minimizing misunderstandings and facilitating collaborative solutions. By maintaining open and direct communication channels, you establish stronger relationships and increase overall stakeholder satisfaction.

Flexibility in Decision Making

Quick decision-making process

Operating as a sole trader allows for a quick and efficient decision-making process. Without the need to consult or seek approval from others, you can make important business decisions rapidly. This agility enables you to respond promptly to market changes, capitalize on emerging opportunities, and address any challenges without delays. By leveraging this flexibility in decision-making, you can adapt to evolving business landscapes and maintain a competitive advantage in a fast-paced economy.

Ability to adapt to market changes

Flexibility in decision-making as a sole trader allows you to adapt swiftly to market changes. You have the freedom to adjust your business strategies, products, or services to meet the evolving needs and preferences of your target market. Unlike larger organizations that may face internal resistance or numerous approval processes, as a sole trader, you can embrace change more readily. This adaptability ensures that your business remains relevant and competitive, giving you a better chance of capturing new opportunities and thriving in dynamic market conditions.

Ability to change business direction easily

Operating as a sole trader provides you with the ability to change your business direction easily. Without the complexities associated with larger business structures, you have the freedom to pivot your business focus or explore new opportunities swiftly. This flexibility allows you to capitalize on emerging trends, respond to competitive pressures, or even shift industries if needed. The ease with which you can change your business direction empowers you to fully harness your entrepreneurial creativity and take advantage of evolving market dynamics.

Lower Compliance Burden

Less paperwork and legal formalities

One of the notable advantages of being a sole trader is the lower compliance burden compared to larger business structures. As a sole trader, you are generally subject to fewer paperwork requirements and legal formalities. This simplification reduces the time and effort spent on administrative tasks, freeing up more time for you to focus on business growth and customer satisfaction. By streamlining compliance processes, you can operate efficiently and avoid unnecessary administrative complexities.

Reduced regulatory requirements

Operating as a sole trader often entails reduced regulatory requirements compared to larger business structures. For instance, as a sole trader, you are generally exempt from holding annual general meetings, releasing annual reports, or maintaining intricate governance structures. This exemption allows you to minimize bureaucratic obligations and focus on core business operations. By adhering to simplified regulations, you can operate more smoothly and dedicate more resources to value-adding activities that drive your business forward.

Simplified financial reporting

The financial reporting obligations for sole traders are generally simpler and more straightforward than those for larger business structures. While companies often must comply with strict reporting standards, as a sole trader, you have the flexibility to adopt a simplified approach to financial reporting. With fewer formal requirements, you can save time, effort, and resources in preparing financial statements, allowing you to focus on other key aspects of your business. This simplified financial reporting process ensures that you maintain compliance without unnecessary burdens.

Faster Response to Customer Needs

Direct handling of customer inquiries

Being a sole trader allows you to directly handle customer inquiries, providing a faster response to their needs. Without layers of customer service departments or complex communication channels, you can promptly address customer queries, concerns, or requests. This direct interaction builds trust and confidence, as customers appreciate the personalized attention they receive. By ensuring speedy resolution to customer inquiries, you can foster customer satisfaction, enhance your reputation, and ultimately drive customer loyalty and repeat business.

Immediate problem-solving

As a sole trader, you have the advantage of immediate problem-solving. Since you are the sole decision-maker, you can quickly identify and resolve any issues that arise within your business. Whether it’s a supply chain disruption, a customer complaint, or a logistical challenge, you can take immediate action to rectify the situation without bureaucratic delays. This agility in problem-solving demonstrates your commitment to customer satisfaction and allows you to maintain a high level of responsiveness to meet their needs efficiently.

Ability to offer personalized solutions

Direct interaction with customers as a sole trader enables you to offer personalized solutions tailored to their specific requirements. Unlike larger businesses that may struggle to provide individual attention, you have the advantage of understanding each customer’s unique needs and preferences. This deeper understanding allows you to offer customized products, services, or solutions that truly meet their expectations. By delivering personalized solutions, you can build stronger customer relationships, foster loyalty, and differentiate yourself from your competitors.

Retain Intellectual Property

Retain ownership of ideas and creations

Operating as a sole trader ensures that you retain ownership of the ideas and creations that are generated within your business. Unlike larger business structures where intellectual property ownership can be complex and subject to legal agreements, as a sole trader, you automatically own the intellectual property you create. This protection allows you to leverage your unique ideas, innovations, or creative works for commercial gain without concerns about ownership disputes. Retaining ownership of intellectual property empowers you to fully capitalize on your creations and drive your business forward.

Control over the use and licensing of IP

Being a sole trader grants you full control over the use and licensing of your intellectual property (IP). Unlike in partnerships or companies where IP decisions often require consensus or involve multiple stakeholders, being a sole trader, you have the exclusive authority to determine how your IP is used and licensed. This control enables you to negotiate favorable arrangements, license your IP to generate additional revenue streams, or protect your creations from unauthorized use. This autonomy over IP decisions allows you to maximize the value of your intellectual capital to benefit your business.

Ability to fully capitalize on innovations

By operating as a sole trader, you have the ability to fully capitalize on your innovations. Any unique products, services, or processes that you develop within your business are owned entirely by you, providing the opportunity for exclusive commercialization. Unlike larger businesses where innovations may be subject to complex approval processes or shared ownership, being a sole trader, you can quickly bring your innovations to market and enjoy the full benefits of their success. This ability to fully capitalize on your innovations gives you a competitive edge and supports long-term business growth.

In conclusion, the advantages of a sole trader are numerous and cuts across various aspects of business. From sole trader tax advantages and autonomy to ease of formation and profit retention, being a sole trader empowers you with control and flexibility. The privacy, direct relationships, flexibility in decision-making, lower compliance burden, faster response to customer needs, and the ability to retain intellectual property further enhance the appeal of this business structure. By carefully considering these advantages, you can make an informed decision about whether operating as a sole trader is the right choice for you and your entrepreneurial aspirations.

[fvckwithmefamo]

Advantages of Being a Sole Trader

Being a sole trader presents numerous advantages that make it an appealing option for entrepreneurs. By assuming full control and responsibility for your business, you have the freedom to make autonomous decisions and navigate the direction of your enterprise. As a sole trader, you have sole ownership of profits, allowing you to retain and reinvest all earnings. Additionally, the simplified legal…

[arkipelagic]

Asian slaves, indigenous Americans, and identity in colonial era Mexico

The Spanish Philippines had a diverse slave population for local labor and export, including Filipino Indians [i.e. natives; indios], Muslim war captives (moros), and foreign slaves from as far away as Portuguese India.

… Upon their arrival, chino slaves [i.e. any Asian slave, not just Chinese] were absorbed by the urban economy of Mexico City, where they mainly worked as domestic servants or in textile mills (obrajes) … For their part, working in the city provided chinos with some possibilities for manumission. Chinos in domestic service were especially apt to embrace the limited opportunities available to them and to experience some social mobility. In the obrajes, chinos had few of the freedoms given to domestic servants, but they did benefit from government oversight of the industry. During official visits, chino slaves appealed for protection from overt exploitation by claiming that they were Indians (even if they were from Portuguese India). Remarkably, visiting inspectors listened to their complaints, and they often responded by liberating individual chinos under the assumption that they were indeed native vassals and could thus not be held in bondage. The overall experience of chinos in the viceroyal capital confirms the benefits of living close to the center of colonial power.

The presence of free indigenous immigrants from the Spanish Philippines in Mexico reinforced the idea that all chinos were Indians. The complex governing structure of colonial Mexico involved two republics or political communities (the república de indios and the república de españoles); this organization separated the indigenous majority from everyone else to facilitate the collection of tribute and the ministry of the Catholic Church … [N]ative immigrants from the Philippines purposely sought to confirm their membership in the Republic because corporate status provided personal advantages. They asked to be tallied in tribute rolls in Mexico to benefit from concomitant privileges, such as trading rights and legal representation through the General Indian Court. At the same time, free Filipinos were frequently confused with chino slaves - a situation that had serious consequences for Filipinos' relations with colonial institutions and enslaved individuals. Some immigrants resented having their indigenous identity questioned and sought to maintain a sense of their Indian-ness by keeping their distance from chino slaves. The majority, however, expressed solidarity with chino slaves. Filipino artisans, for example, took on chino slaves as apprentices and taught them marketable skills. Similarly, Filipino traders incorporated chinos into their own credit networks to facilitate self-purchase.

Individual chinos who were manumitted also embraced an Indian identity, regardless of whether they were from Goa, Macau, or other places in South and Southeast Asia. In this way, chinos challenged official attempts to define them solely as former slaves. Instead, they sought to join the free republic. The possibility for this kind of social integration caused widespread concern among slave owners. To defend their property rights, masters started to brand chino slaves on the face, rather than on the chest or arm as they did with Africans, in order to dissuade them from fleeing and "passing" as free Indians. This horrifying development shows that Indian communities welcomed runaway chino slaves and, by extension, that slave owners sought visible markers of their slaves' status.

Excerpt from the Introduction to “Asian Slaves in Colonial Mexico: From Chinos to Indians” (2014) by Tatiana Seijas

[tagedeszorns]

(Violetbirdie here) I think it's complicated due to a variety of issues. 40k as a franchise is huge, but it isn't the sort of thing that tends to have overlap with tumblr type fanspaces. It also doesn't help that 40k is a fractured fandom featuring tons of different factions, so it's not like a standard fandom where there are main characters and a main story that people will always flock to. The primarchs are the closest thing we have to that, which is why there is naturally more content for them. In addition, fandom itself is in a bit of a flux state and has been ever since the 2018 nsfw ban which caused a lot of people to leave for twitter, which is now undergoing its own huge changes right now (and I just hate twitter on principle).

I suppose the one thing I think would help, would be somehow getting the 40k tumblresque fandom space more consolidated as a whole. Like, somehow have a blog that is popular for all factions that posts headcanons about everything, thus getting people interested in parts they don't normally think about. Because 40k is a huge time investment to learn about. I've been listening to audiobooks for what feels like nonstop for over a month, and even then I could only ever feel confident telling people about Emperor's Children. So it naturally is harder for new people to get into the fandom and focus on some of the smaller things because there is just so much. It's almost how I view your blog. I check it daily for fun art/headcanons/just general character stuff, and you made me more interested in some of the captains and such. But even then, you have your focuses. So a space even more general where someone would reblog art from everything 40k would likely be nice? Maybe I just miss the livejournal days of fandom. As far as more engagement, I think having silly things like character weeks which encourages people to draw or write or talk about specific aspects is a huge benefit. It sets a schedule and makes people feel like they are shouting less into the void.

But as someone new here, maybe its my weird perspective, but I don't feel like things are getting less popular. If anything, from just checking AO3, it seems like things are only getting more popular for less of the reddit type and more for the Tumblr wanting to see hot dudes and their complicated feelings type. Also more people are getting into 40k in this side of the space through rogue trader. Like people I never talked to about 40k are starting to look into the series because they played Baldurs Gate 3, and needed a new RPG to play, and conveniently Rogue Trader is filling that for them. So, I'm optimistic if anything. Sorry about the long ramble! Just kinda dumping my thoughts out.

I love Tumblr because, unlike Twitter or Bluesky, it allows for way longer, way more elaborately structured posts. I love it when artists don't just slap their pics into a post and be done with it, but instead add stuff like maybe "I read this book, here's a quote, and it gave me this mighty need to draw this". Or "please listen to this music here while looking at my pic! It goes perfectly with it!". Or just a multi-paragraph-essay (preferably very unhinged) about the character in the upper left corner.

This in advance, so you can see I'm totally with you on the "miss Lifejournal"-thing, because blogs are so much better than just 500 characters, four pics and nothing else. And why I think Tumblr is a very good replacement for Lifejournal.

The multitude of Tumblr-blogs with their many different angles are such a treat and provide such a rich ecosystem! I follow artists posting exclusively admech-stuff, others solely Drukhari, some writers focussing on just one Astartes Legion ... it's phantastic and the depth of their niche-knowledge is mindblowing.

I agree with you that this will be overwhelming for new fans coming from rather monolithic stuff like Rogue Trader. And the key to keeping those new people involved and making them feel welcome is showing them all this variety without scaring them away.

Maybe this new feature Tumblr is working on, can be helpful here. I haven't read much about it yet, but it seems the "Community"-feature has the potential to bundle stuff in a way that's more approachable for new and old fans alike. Maybe there's room for your idea of having "character weeks" (I like that! Sounds very MacDonald's. I'll have Fabius with extra pickles, please! 😁).

I'm sharing your optimism that both the new games and maybe the new series/movies will bring a lot of new fans over and some of them may even stick around. I am a bit wary that there's the possibility of a MCU-situation starting to build up, but since Warhammer-lore is in a constant state of flux anyways this might just add some spice to the mix.

So, yeah, hope for the darkest of futures!

[blackfliesinbluesugar]

Yeah, alright, screw it, here's:

✨️ Ye Olde Scroldie Aladdin WIP Fic ✨️

I put me heart and sole into this one (actually I think I wrote it in the car?) And it's a relic from 2021, so if anyone sees this... enjoy? Do people still think about Ducktales or this ship? Anyway-

(Art above just for visibility, I Guess)

The warmth from the sun was suffocating.

It was the sort of heat that a certain woman liked best, because it was the sort that led you to undo your belt and untie your sash, that allowed your pockets to sag and your mind to wander. Not that these people weren't used to the intensity of the rays the sun often bore down, but on particular days like today, it was a common sight to see even a well-walked trader rolling up his trouser legs.

It was the kind that made for easy pickings... if you were that sort of person. And she certainly was.

Pulling the cloth down further over her head to disguise her all-too-recognisable shock of blonde from the occasional passing guard, Goldie O'Gilt surveyed the bustling marketplace with predatory intent, eyes languidly scanning to identify every easy angle. So far her pockets remained light, but if she was careful, she could have enough by the end of today to keep both of them fed for a week.

The woman at the store she exchanged her stolen wares with for money and food was aware of her nature, and of the true origins of her 'suddenly re-found valuable heirlooms', but didn't bother to call her out on it most of the time. It was too hot, and tiresome, and overall just boring to bother with such accusations when Goldie would so easily brush them off and insist.

Lewellyn fell in step to step unison beside her, tugging idly at his laxly tied keffiyeh as he mimicked her scrutiny. His other hand was intertwined with hers, though he easily let go to re-interlock whenever she pulled away to snatch something up in the blink of an eye. He knew nearly everything she knew, but she scared him sometimes with her ease of proficiency. He hadn't yet gotten to her level, where theft was as natural as breathing.

He couldn't help but frown as they passed by other children his own age and even smaller, staring up with wide hopeful eyes at overflowing stalls only to be violently ushered away by greedy merchants and impatient civilians in duo. He knew that, comparative to many in these streets, he was almost lucky. He had shelter, he had food, and he had Goldie. Many even younger than him had none.

With a start Goldie came to a stop beside him, jerking him from his thoughts abruptly, and he realized quickly it was because a guard had caught sight of her face. With a tug to his arm she led him quickly to the side, losing the man in the thicket of bodies and swaying hung cloth. Hopping a short wall, she pulled him up behind her and settled in a decidedly less populated area.

Dusting herself off she sighed dramatically, dropping her hood back a little. Her hair had fluffed up and stuck to her face slightly from a mixture of heat and sweat, and she grumbled under her breath as her hands dipped into her pockets, pulling out a previously-swiped comb to re-organize the mess as best she could.

Reaching into his own pouch to pull out the small loaf of bread that he was intending to be his quick lunch whilst they lingered, Louie found himself once again caught awares by his surroundings. Goldie always told him to be hyper-aware of what was around him, and now he found it troubled him as much as benefitted him. After all, his heart hadn't been hardened to the extent her own had, and the pangs of sympathy he sometimes had at what he saw made it difficult to focus.

Eventually he sighed, moving away from his confused carer, getting down on one knee before the deprived looking child he'd been distracted by. She looked a few years younger than him, and much, much more starved. Only deliberating for a moment he offered her the bread, watching as she nervously reached out to grab it before running over to a tired seeming old woman, curled up against the opposing wall and wrapped in tattered fabrics. Her mother?

"Y'know, your big heart is going to get you killed at some point, kid" Goldie came up behind him, though despite her words of rebuke her actual tone remained light. Turning to meet her eyes, expecting dissaproval, he only found instead a strange slight of melancholy. "I admire it" Goldie continued with that odd tone, "But don't starve to death as you're busy feeding others, alright?"

He nodded in acknowledgment, shuffling his feet and tugging at his sleevless vest for a moment before returning his gaze to the stalls up the road. His stomach was starting to feel a little empty now, he had to admit. She followed his eyes and smiled. "Let's go see if we can't make this day more successful, hm?"

Down the street, a young man was also being a little sneakier about how he moved, though perhaps more than really needed. After all, with how much time he spent holed up in the palace, it wasn't as though most knew him from a glance.

Scrooge blew his fringe from his eyes, not daring for a moment to adjust his headscarf to move it from his vision entirely in case someone dared to look a little closer as he passed by. Perhaps this was indeed stupid, so, so idiotically stupid as he had been told many times prior, but he wasn't intending to go back. No, not yet. Not now that he had finally been able to sneak out. Once his father found out apon his return he would certainly be monitered tenfold, so it was good to savour the moments of freedom he had, and the fact he himself had seized it was exhilerating all on its own.

Still, it was all so overwhelming. He'd caught distant glimpses of the market from his window in the palace, but being up close and personal was like nothing he'd ever seen. Instead of shying away from him with respect the bustle crowded around and into him, broad shoulders and errant elbows aplenty. Loud voices rang out through the street, cries of "LAMB!" and "FINEST JEWELS!" piercing his hearing. Some vendors in particular seemed to catch sight of the quality of the fabric he'd thrown over his head, and he found himself at the mercy of insistent gesturing and further shouting.

"Come on, Sir- Milady? Sir? Ahhh, whatever, come and buy a pot! We have it all - brass, silver, you name it!"

"Sugared dates! Sugared dates and figs! Sugared dates and pistachios!"

"Would the..." more confused squinting at his face. He wondered if he should be offended or flattered that they seemed to be struggling so hard with his gender. "Pretty... lady? Like a necklace? A pretty necklace to brighten up a pretty lady!"

Right as he rose his hand to politely refuse, another man burled past him, a steaming pot in his arms as he made his way to his own tent, shouting something about lentils and fish. Stumbling in alarm he found his back colliding with another, and he couldn't choke down a shout of alarm as the body he had fallen into convulsed violently before the man it belonged to spun on his heels and hurled immediately, a stick coming back up. Scrooge peered at it in confusion before being roughly shoved again, the now whitefaced man furious. "Watch where you're going!" He exclaimed, incensed. "Ya 'iilahi, you really can't fire-eat in public without some stupid kid trying to kill you!"

/Fire eat?/ Scrooge wondered, bemused, but didn't take the time to linger on it, stumbling away and back into the crowd. Unbeknownst to him, someone down the street had noticed the commotion and was now looking at him with obvious interest.

...aaaand that's it :7 that's as far as I got :3

[sanijoys]

Between Fiction and Reality

This may not be too important since it's more focused on giving you the basics (again) but I promise the next chapter is where you will meet the characters ✧⁠◝⁠(⁠⁰⁠▿⁠⁰⁠)⁠◜⁠✧

Chapter 4: Ready Set Work!

Hwang Mun-Yak, a shrewd and calculating man, is the president of the Eunha Trading Company. He had a reputation for making decisions based solely on the potential benefits he could gain. He didn't care about a person's background or origin; he cared about what they could bring to the table. So, when he purchased a child slave, it raised eyebrows and sparked curiosity.

Zhang Jun sat nervously in one of the opulent chambers of the Hwang family. As a slave trader, Zhang was accustomed to dealing in the business of buying and selling human lives, but this encounter was different.

As Zhang Jun faced Mun-Yak and his enigmatic gaze, he pondered a question that had been asked silently: What value did Mun-Yak see in the child he had bought? What value did he see in you for him to take notice of you?

Zhang Jun thought really deeply as he sat down with the Hwangs. All three of them sat around the circle table, discussing something regarding you.

"President Hwang, allow me to shed light on the child’s history," Zhang Jun began, choosing his words carefully.

"This child, despite her unfortunate circumstances, possesses a unique set of qualities that transcends her current situation. She is remarkably resilient, resourceful, and possesses an innate intelligence that is, dare I say, exceptional," Zhang Jun explained, hoping to emphasize the positive attributes that might have caught Hwang Mun-Yak's discerning eye. However, he remembered what happened a few moments before. He nervously sweats at that embarrassing memory.

“Though her resilience can be an issue from time to time, she is very capable.” Jun took a moment to compose himself, recalling the embarrassing incident from earlier, and hoped that Mun-Yak would appreciate the overall picture rather than fixate on a single awkward moment.

Zhang Jun awaited Mun-Yak's response, hoping that his explanation would assuage any concerns and convince the president of the profound value the child held.

Are there more? "Hwang Mun-Yak asked while he drank his tea.

Zhang Jun hesitated for a moment. “I was told that the child was an illegitimate child from a previous lord in a small village near the seas. The mother of the child was a woman who was said to be from an island far away. Her journey to our lands was not a choice but a result of being taken from her homeland by a merchant who sold her to the previous lord.”

Jun paused, carefully remembering the information he had. "From what little I could remember, the lord was captivated by her exotic beauty and took her as one of his concubines."

Zhang Jun continued, "The relationship, however, was short-lived. After the birth of the child, the lady fell gravely ill and, unfortunately, succumbed to her ailment. Right after the lady’s death, the previous lord died right after. The child’s half-older brother took the position as the new lord, and he tried selling the child as a slave.”

Hwang Mun-Yak continued to absorb the information about the child from Zhang Jun as his gaze at his teacup penetrated it with his thoughtful look. The story of the child's origins and her half-brother’s actions left a sour taste in the air. “A few moments ago, outside, I noticed that you and your caravan had been traveling for a very long time. May I ask where you were planning to sell her before I decided to buy her from you, Mr. Zhang? ”

Jun sweats from the question, "I will admit originally considering giving her to the Jang family as a gift for their child and as potential buyers. However, your timely offer to purchase her changed the course of events. It is only fitting that you are the one to decide her fate now, President Hwang."

The room fell into a momentary silence as Mun-Yak contemplated the narrative. "Thank you for the information, Mr. Zhang. Here, this is a reward for your assistance."

A bag of gold coins was put on top of the expensive table. Zhang Jun's eyes widened as he beheld the bag of gold coins on the table, the glint of the metal captivating him. He felt his hands trembling from the glittering money that was presented in front of him. Those glittering gold coins before him were a testament to the success of his latest transaction.

"Ah, President Hwang, your generosity knows no bounds," Zhang Jun said, his voice tinged with a hint of greed thinly veiled behind a facade of gratitude. "As a humble trader, I am honored to have played a part in bringing valuable information. I assure you that should you ever require my services in the future, I will be at your disposal."

Hwang Mun-Yak nodded, acknowledging Jun's thanks, though he couldn't help but notice the insatiable hunger in the trader's eyes. "That would be unnecessary; your cooperation and the information you provided about the child are enough," Mun-Yak replied, his tone holding a hint of caution.

But before Zhang Jun could attempt to further curry favor, Mun-Yak gestured toward the door, signaling the end of their discussion. Zhang Jun, clutching the bag of gold coins tightly in his hand, left the room with hesitation. It was a transaction, yes, but an opportunity to have a secure connection with the influential Eunha Trading Company. would greatly benefit him.

"Father, do you really think this is a good idea?" The man next to Mun-Yak finally voiced out his concern about the whole situation.

Mun-Yak responded without a hint of emotion. "What do you mean, Jongui?"

Jongui hesitated, choosing his words carefully. "Father, I know you felt bad for the child, but to this extent? Do we really need to know about her background when she will only be a servant here?"

"I am not blind, Son."

Jongui felt a chill run down his spine at the firmness in his father's voice. Straightening his back, he braced himself for what would come next. Mun-Yak continued, "I planned to observe the child to see how capable she is. If my opinion about her turns out to be true, we will take responsibility for her."

Mun-Yak stands up from his seat and walks to the window, gazing at the scenery before him. Jongui gazes at him with utmost curiosity. Wondering what his father may be thinking. "But if she turns out to be useless, we will leave her as a maid in training."

As Jongui gazed at his father, he couldn't shake the feeling of unease that had settled within him. His father's decision to go to such lengths for a mere child troubled him deeply. He wondered what had compelled his father to take such a keen interest in the child.

Jongui knew his father well, and he understood that Mun-Yak was not a man to act impulsively. There had to be something about the child—something that Jongui himself had yet to see—that had motivated his father to make this unusual move.

Eventually, Jongui decided to trust his father's judgment. Mun-Yak had built the Eunha Trading Company into a formidable force through shrewd decision-making and an innate ability to recognize potential. If he believed that the child held value beyond that of a common slave, there had to be a compelling reason.

—---

Meanwhile,

By the time you woke up from the void, you were greeted by a very extravagant room. The extravagant room you woke up in was impressive. “I feel very rich inside this room.”

You hummed as you were admiring the room design. Mr. Rich should have let one of his people put you here. You were thankful for the generosity.

Ping*

A ping was heard. You look at where the sound came from, only for the colors of your face to drain.

[100 curl-ups| 100 right punches and left punches| 100 push 100 left kicks and right kicks]

“Maomao, what the fuck are these?! ”

A very scared and nervous Maomao appeared before you; they trembled from the glare you gave her. “Those are commissions! You have to do it or else you’ll be punished. Please don’t get angry at me! ”

Maomao cried as she moved far away from your heart.

“Commissions? "You look up at the blue screen with the ‘commissions’. “Ah, I get it, but it doesn’t explain why it has to be intense. ”

You gave Maomao a look and a gesture at your figure. “As you can see, Maomao, I have the body of a weak child. What do you think I could do? "You made an exaggerated gesture to the screen, “all of these without fainting every second!" ”

To Maomao’s credit, they answered your question. “Um, improvise? ”

You sighed. The sudden appearance of these demanding commissions was far from what you expected. Realizing that Maomao was probably not the best source for empathy in this unfortunate situation.

"Improvise, huh?" you muttered to yourself, eyeing the list of physical tasks. "Well, let's see what we can do here."

You decided to start with the curl-ups. Instead of the full 100, you opted for a more reasonable number, settling for 20. As you attempted the exercise, you couldn't help but feel the strain in muscles you didn't even know you had. Maomao watched with a mix of concern and curiosity.

"Okay, not bad," you said, panting slightly. "Now, the punches."

You adjusted your stance and threw a series of punches, alternating between left and right. You weren't sure if they were up to the standards of a martial artist, but at least you weren't embarrassing yourself completely.

"Push-ups next," you mumbled, lowering yourself to the ground. You were struggling so much but managed to complete 30 before your arms protested vehemently. This was definitely not your usual morning routine.

"Now, kicks," you said, eyeing the remaining tasks. Instead of high kicks, you settled for a more manageable level, kicking the air with moderate intensity. While also feeling the strain in your legs.

"Alright, Maomao, that should do it," you declared, your muscles tense and sore but feeling the accomplishment. "How was that for improvisation?"

Maomao, who had been cautiously observing your attempts, nodded with a hesitant smile. "Um, not bad, Y/n. But the commissions are still not complete. Maybe you can try to do a bit more?"

You groaned, "Alright, Maomao," you said with resignation, "I suppose I have no choice but to finish it. Though I'm warning you, this is going to be a disaster."

Your threat left Maomao shuddering in fear. You were not someone to mess with when you’re angry.

After what felt like an eternity, you finally completed the commissions, panting and sweating heavily. You felt your chest squeeze, wheezing a little. Your weak child's body was not built for such strenuous exercise. Maomao offered you a towel, which you gratefully accepted.

"Good job," she said tentatively, offering you a glass of water. You gulped it down, grateful for the refreshment.

You looked at the commission's screen again, feeling accomplished despite the physical strain. "Alright, Maomao, what happens after I finish the commissions?”

As if to answer your question, another ping was heard. You look at the blue screen, and your eyes widen from the words it displays.

[Congratulations!   You have finished your first commission! As a reward for your hard work, here are your prizes:  40 Exp.| 3 Free Energy drink<common> | Free QI Energy ]

Maomao grinned, her eyes gleaming with pride. "Congratulations! You did it! Finishing your first set of commissions is a big milestone."

You read the message on the blue screen, and a sense of accomplishment washed over you. The rewards for completing your first commission were better than you expected.

Maomao clapped her hands in delight. "Look at that! You've earned experience points, energy drinks, and even some QI energy. Those rewards will come in handy for your cultivation journey."

"Thanks," you said sincerely, while you stretched your body a little to release the tension in your muscles. "So, what's next after completing these commissions? Do I get more tasks or challenges?"

Maomao shakes her head. "Fortunately for you, no, you will only receive commissions daily, so that was your first commission on this day; tomorrow will be another one."

You grumble at the thought of more commissions, but at least it was only once a day, so maybe you’ll tolerate it for now. "Okay, then, so can you explain to me about the rewards I got? ”

“Sure! "Maomao excitedly responds, “The experience points (Exp) you've earned will be used to level up your character, and you can also sacrifice' Exp for Stats points. The free energy drinks will help replenish your character's stamina, and the free QI energy is a special resource you can use to help replenish your current QI; in fact, you can use it now if you want."

You thought about Maomao’s suggestion, “Hm, maybe let’s focus on replenishing my stamina first, then we can do QI after.” After all, you were so tired from the commission.

Maomao understandably nods and lets you summon one of the energy drinks. You gulp down the whole bottle like a wild animal (which is understandable), and as you finish drinking the whole bottle, you feel your body become light and energized. “Wow! I actually feel very energized; it feels like I didn’t even do an intense workout a few minutes ago.”

Maomao grinned, pleased to see your positive reaction to the energy drink. "They work wonders in replenishing stamina and revitalizing your character. It's a quick fix for when you need a boost during or after challenging tasks."

As you relished in the newfound energy coursing through your virtual veins, Maomao continued, "Now, let's talk about the free QI energy you received. Qi energy is crucial in this world; it's like your character's life force and power source. You can use free QI energy to restore your character's Qi, which is essential for your future abilities and skills."

She guided you through the process of using the free QI energy, explaining the intricacies of managing this vital resource. As you followed her instructions, you felt the replenishing surge of energy within the game, mirroring the real-world rejuvenation you experienced with the energy drink.

"Now that your stamina is replenished and your Qi energy is restored, let us discuss your current state." But before Maomao could finish, both of you heard footsteps coming to your (not really) room. This made both of you panic.

“Oh no, um, let’s continue this another time; for now, just talk via telepathy to communicate with me, okay? ”

As you were about to respond to Maomao, they disappeared from sight. The door also slides open. “I see you are finally awake, esteem guest.”

This is going to be a long day.

------------------------------------------------------------------------------

I have been writing this since morning. So many distractions but I was able to write chapter 4 •́⁠ ⁠ ⁠‿⁠ ⁠,⁠•̀

I may be edit it, too tired to bother today (⁠ ⁠；⁠∀⁠；⁠)

[marxism-transgenderism]

When he [George Washington] was seventeen, the Ohio Company of Virginia wrote a petition to the Crown asking for a grant of 500,000 acres west of the Allegheny Mountains. Blue Jacket and Little Turtle were small children when that petition was made. So was Richard Butler; he was still in Ireland. And yet events culminating that November morning, when Butler died and the confederation led by Little Turtle and Blue Jacket triumphed, began in the Ohio Company’s petition, along with a host of related American efforts to develop land west of the Appalachians.

The idea the petition expressed was new. The Ohio Company wanted lands across the Alleghenies, it told the king, in order to serve him patriotically by settling the region with loyal English subjects in an orderly process. Authorized settlement would put an end to the disorganized, extralegal squatting that had been going on out there for some time and serve, the petitioners argued, two related purposes. One was to perpetuate the British fur trade with the Indians, bringing peltry in large volume more easily eastward on waterways that might, the petitioners dared to hope, flow ultimately into their own Potomac River. The company had already planned a new town for that purpose at the navigable head of the Potomac, possibly to be called Alexandria.

The other major rationale for allowing settlement in what the English and their colonists and traders called the Ohio Country was to block French fur traders and military personnel now operating there. Virginia petitioners alleged that the French trade had been encroaching illegally on the Ohio Country: French presence had recently been felt around the point where the Monongahela and the Allegheny Rivers converged to form the southwest-flowing Ohio River, roadway to the West. The British Crown had an incontestable claim to that land, the petition stated, and Virginia, under its charter from the Crown, did too. Indeed, Virginia’s charter gave the province sea-to-sea rights to most of North America, from the Atlantic Seaboard all the way to the Pacific, however far that might turn out to be; nobody in Virginia knew. According to the Ohio Company petitioners, French violation both of Virginia’s and of the king’s rights west of the Alleghenies could be stopped only by the formation, under a British Crown grant, of a trading company supported by settlement there.

The Ohio Company was thus emphasizing, in seeking a massive land grant across the mountains, the benefits to the Crown of enabling British trade westward and blocking French incursion eastward. The way they spun it, allowing western settlement was a means to those ends.

But while it was true that the company began in large part as a trading effort, not solely as a land speculation, the Virginians were planters, and the size of the grants the company was asking for reflected aims having little to do with either furs or defense. The real attraction of the great forest across the Appalachians, north and south of the Ohio River, lay less in taking the beaver that lived there, or obstructing the French from doing so, than in the quality of that forest itself. The mightiness of the timber, never before cut, and the lushness of the bottomland vegetation had revealed to trappers and traders who ranged in that country the astonishing fertility of western soil.

Fertility, for these Virginians, was the ultimate resource. The most important crop they planted required new land, and then more new land, and then more, in perpetuity. They were tobacco men.

— William Hogeland, Autumn of the Black Snake: The Creation of the U.S. Army and the Invasion that Opened the West

[srmthfgrimworld]

Game 1: Day 15

Mandarin and Nevil sat together that morning while eating breakfast, deep in conversation and brainstorming ways to enhance their shelter. Mandarin explained that they should fire-proof the trap tunnel to ensure safety. Additionally, it was high time to start constructing better sturdy walls for added protection.

As they continued their discussion, Nevil mentioned that there was something different in the walls of his room. 

To their delight, Mandarin discovered that the material hidden within the walls was made up of essential components. These components were exactly what they needed to build advanced devices and machines, especially for generating power. 

While Mandarin mined the components, Nevil built an automated machine at the end of their trap tunnel. It was simple, but its purpose was to shoot arrows at intruders entering the tunnel.

The two worked tirelessly throughout the day, continuously building. They had to dismantle the walls and replace them with steel. Mandarin envisioned the entire base being renovated in the same manner, but they knew it would require more than just a day's effort. They wanted to ensure the base was fire-resistant and more difficult for intruders to penetrate.

Next, they collaborated on constructing a wind turbine outside the northern section of their shelter, using some of the components Mandarin had mined. However, at present, they were unable to create batteries to store the power, posing a fire hazard if they were to start linking it to the devices within their shelter.

Considering the potential risks involved, Mandarin and Nevil made the joint decision not to connect it just yet. They concluded that the potential benefits did not outweigh the associated risks. But at least the wind turbine was ready to go, they tested it to make sure it worked and got back to their other tasks.

Later that evening, a group of slave traders happened to pass by their shelter. Mandarin and Nevil felt anxious upon seeing the multitude of aliens, some of whom resembled humans while a couple appeared distinctly different. Adding to their concerns, the traders had tamed wolves accompanying them, and the size of the group posed a potential threat to their small base. Fortunately, it turned out that the traders were solely focused on their business and had no intention of initiating a conflict.

Mandarin had no inclination to purchase any slaves, nor did he possess any money. However, one of the traders expressed interest in acquiring a beaver that had been lingering near their sheep flock. Willing to make an exchange, Mandarin handed over the beaver and received a small quantity of gold in return.

The two waited until the slavers left, peering out from their base occasionally until they could no longer see them; they didn’t feel comfortable going to sleep until they were gone. Once they were, they ate dinner and headed to bed.

Mandarin thought about the rest of the hyperforce as he laid in his bed. It had been over two weeks and there was still no sign of them. 

He was starting to adjust to life here, he still wanted to leave of-course, but he did admit it could have been a lot worse.

[harderrain-sweetersun]

Blog Post #3: On Brother From Another Planet

Community is a theme in a variety of Afrofuturist works, and for good reason. From Parable of the Sower to Brother From Another Planet, the notion of community serves to be a driving factor in many key aspects of Afrofuturism. In John Sayles’ Brother From Another Planet, the alien being from another planet must rely on his surroundings to keep him safe. He spends the film being pursued by two agents/ slave dealers who come from his home planet. Eventually, the community steps in to save the “brother” from those who are trying to capture him. Even without speaking, the alien finds a place in Harlem. Though he had inhuman abilities and features (like his three toes), the sense of friendship he found with the men at the bar and the love that can be seen to develop with the woman singing at the club (Malverne) both represent his distinctly human connections with those around him. This sense of community can be found in a variety of Afrofuturist works, such as through the community that Olamina built with Earthseed in Parable or the community of workers and Equisapiens fighting together in Sorry to Bother You. The community depicted in Brother From Another Planet had its flaws, but when the time came, they fought to protect the “brother” who needed help. Because the alien does not speak throughout the film, his interactions with the community are dictated by others’ perception of him. One especially interesting aspect is that no one in the community seems to care that the brother has the power to manipulate/fix technology with his hands, so long as this power is used to their benefit. The alien’s lack of speech leads us to focus on how the humans in Harlem view him, both as an outsider with otherworldly traits and as a Black-presententing character. Throughout the film, characters interacting with the brother tend to drone on about themselves, at times unknowing if the “brother” can even understand what they are saying. I thought that this was especially notable—half the time, in modern conversations, it feels as though everyone is waiting for an opportunity to talk about themselves. Those interacting with the brother were able to ramble about themselves even though the brother was literally incapable of responding, speaking to the narcissism innate in human nature. This, in congruence with the community’s apathetic reaction to the brother’s ability to fix technology without even touching it, further speaks to human tendency to view others in terms of what they can do for us. This is another theme that is brought up consistently in Afrofuturist work. For instance, in Space Traders, the corporate elite worried about losing the Black population solely because of the potential loss of the economic and political purposes that Black communities serve. In Rusties, the traffic robots were created with the purpose of solving issues that humans no longer wanted to deal with. Although Brother From Another Planet focuses less on the exploitation of marginalized communities, I thought that the way that the people in Harlem interacted with the brother was definitely notable.

[georgeshutcheson]

Benefits of Converting from a Sole Trader to a Limited Company

New Post has been published on https://www.fastaccountant.co.uk/sole-trader-to-a-limited-company/

Benefits of Converting from a Sole Trader to a Limited Company

Are you a sole trader looking to take your business to the next level? Converting from a sole trader to a limited company can bring you a host of benefits, from tax advantages to increased financial security. This process involves a few essential steps, such as registering a limited company and transferring business assets. To fully grasp the tax implications and ensure a smooth transition, it is wise to seek advice from a professional accountant. By becoming a limited company, you can enjoy the perks of limited liability, while distinguishing your business as a separate legal entity from yourself as a shareholder or director.

Steps of Conversion

Registering a Limited Company

The first step towards converting from a sole trader to a limited company is registering your new entity with Companies House. In the UK, you need to register your limited company with Companies House. This process involves providing key details such as the company name, registered address, and details of directors and shareholders. Companies House will issue a Certificate of Incorporation once the registration is complete, confirming your limited company’s legal existence.

Informing HMRC

Next, it is crucial to inform HM Revenue and Customs (HMRC) of the change in your business structure. You need to notify HMRC that you are ceasing self-employment as a sole trader and becoming a limited company. This allows HMRC to update their records and ensure you are subject to the correct tax rules and obligations moving forward.

Transferring Business Assets

As you convert from a sole trader to a limited company, you will need to transfer your business assets appropriately. This involves transferring real estate, vehicles, equipment, and any other business assets into the name of your limited company. It’s essential to consult with a qualified accountant or legal professional to ensure these transfers are done correctly and in compliance with tax and legal regulations.

Setting up a Business Bank Account

To fully separate your personal and business finances, you must establish a dedicated business bank account for your limited company. This bank account will be used to receive business income, pay expenses, and conduct all financial transactions related to your company. Opening a business bank account also provides a clearer picture of your business’s financial health and simplifies the process of tracking income and expenses for tax purposes.

Notifying Stakeholders

Lastly, it is crucial to notify your clients, suppliers, employees, and any other stakeholders about the conversion from a sole trader to a limited company. Ensuring open communication and transparency about the change in your business structure builds trust and maintains positive relationships. Let them know about the new company name, updated contact information, and reassure them that it’s business as usual.

Tax Implications of Sole Trader to a Limited Company

Understanding Tax Obligations

As a limited company, your tax obligations will differ from those as a sole trader. It is important to have a clear understanding of these new tax requirements to ensure compliance and avoid unnecessary penalties. Consulting with an experienced accountant is highly recommended to navigate the intricacies of corporation tax, VAT, PAYE, and other tax obligations specific to limited companies.

Optimizing Tax Planning

With the guidance of a knowledgeable accountant, you can strategically plan your taxes to minimize your tax liability. They can help you identify available tax allowances, deductions, and reliefs that apply to limited companies. By optimizing your tax planning, you can retain more of your earnings, reinvest in your business, or allocate funds to further grow your wealth.

Reducing Personal Tax Liability

Converting to a limited company opens up possibilities for reducing your personal tax liability. Through tactics like income splitting, as mentioned earlier, you can distribute income among shareholders, potentially lowering your overall personal tax burden. Additionally, limited company directors can structure their remuneration packages to take advantage of various tax-efficient options, such as salary, dividends, and pensions.

Limited Liability

Protection of Personal Assets

Perhaps one of the most significant advantages of a limited company structure is limited liability. As a sole trader, you are personally responsible for any debts or legal claims against your business. This means your personal assets, such as your house or savings, can be at risk. By converting to a limited company, your personal liability is limited to the value of your shareholding. In case of business-related financial difficulties, your personal assets are generally safeguarded.

Reduced Financial Risk

Operating as a limited company can help mitigate financial risks associated with running a business. Sole traders face a higher degree of personal financial exposure, as all business liabilities ultimately fall on their shoulders. Limited companies, on the other hand, distribute the risk among shareholders, limiting the financial impact on any one individual. This can provide a sense of security, allowing you to focus on growing your business without constant worry about personal financial repercussions.

Separate Legal Identity

Distinction Between Company and Owners

Converting to a limited company creates a clear separation between the company and its owners (shareholders). The limited company is considered a separate legal entity, distinct from the individuals who own and operate it. This separation ensures that the company’s actions and liabilities are separate from those of the shareholders, providing a level of protection in legal matters.

Legal Protection

As a sole trader, your personal assets are linked directly to your business. This means that any legal disputes, debt collection, or legal claims against your business could directly impact your personal finances. By operating as a limited company, you benefit from legal protection that shields your personal assets from such claims. This protection not only offers peace of mind but also allows you to approach business decisions with greater confidence.

Professional Advice

Consulting with an Accountant

During the process of converting from a sole trader to a limited company, seeking professional advice becomes essential. An experienced accountant can guide you through the entire conversion process, ensuring compliance with legal and tax regulations. They can also assist in analysing the financial implications and help you plan for the future to maximize your business’s growth potential.

Analysing Financial Implications of Sole Trader to a Limited Company

Converting from sole a trader to a limited company entails various financial implications that need to be carefully analysed. An accountant can assess the financial impact on your business and provide insights into potential tax savings, funding opportunities, and cash flow management. By thoroughly understanding the financial implications of the conversion, you can make informed decisions and set realistic financial goals for your limited company.

Ensuring Compliance with Regulations

Operating as a limited company involves adhering to various legal and regulatory requirements. An accountant’s role is to ensure that your limited company stays compliant with these obligations, including VAT registration, payroll compliance, and corporation tax filing. By relying on their expertise, you can minimize the risk of penalties, maintain a good standing with authorities, and focus on driving the success of your limited company.

Employment Opportunities

Enhanced Credibility for Job Applicants

When it comes to attracting top talent, operating as a limited company carries weight in the eyes of potential job applicants. Job seekers often perceive limited companies as more stable, professional, and economically secure. By making the transition, you demonstrate your commitment to business growth and provide a more secure work environment, increasing your chances of attracting high-caliber candidates who share your vision.

Ownership and Succession

Shares and Ownership Structure

As a limited company, you have the flexibility to structure ownership through share distribution. This enables you to allocate ownership percentages to shareholders based on various factors, such as their level of involvement, financial investment, or contribution to the business. By carefully designing the ownership structure, you can ensure fairness and transparency, as well as facilitate future ownership transitions or the sale of the company.

Facilitating Transfer or Sale of Company

Converting from sole a trader to a limited company makes it easier to transfer or sell the business in the future. As a separate legal entity, the limited company can be bought or sold, allowing for greater flexibility and potential exit strategies. Whether you plan to retire, pass on the business to family members, or attract investors for future expansion, the limited company structure provides a framework to facilitate these transactions smoothly.

Business Expansion

Access to External Investment

Limited companies have a broader range of options when it comes to securing external investment. From venture capital firms to angel investors, the perception of Limited companies as more serious and credible entities can attract additional funding sources. This influx of capital can fuel your business expansion plans, whether it be scaling operations, developing new products, or entering new markets. The limited company structure allows you to tap into these opportunities with greater ease.

Easier to Raise Capital

Raising capital is an essential aspect of business growth, and limited companies generally have an advantage in this area. As a limited company, you can issue shares or sell equity to investors, increasing funding options compared to being a sole trader. Investors are more likely to invest in a limited company due to the legal protections and increased transparency associated with such business structures. Having more options for raising capital can be a pivotal factor in accelerating your business’s growth trajectory.

In conclusion, converting from a sole trader to a limited company offers a multitude of advantages. From tax benefits, increased financial security, and limited liability protection to enhanced credibility, employment opportunities, and business expansion possibilities, the decision to make this transition can have long-lasting positive effects on your overall business success. However, it is essential to seek professional advice and carefully evaluate the financial and legal implications of such a move. With proper planning and guidance, converting to a limited company can become a strategic step towards realizing your business’s full potential.

[fvckwithmefamo]

Benefits of Converting from a Sole Trader to a Limited Company

Are you a sole trader looking to take your business to the next level? Converting from a sole trader to a limited company can bring you a host of benefits, from tax advantages to increased financial security. This process involves a few essential steps, such as registering a limited company and transferring business assets. To fully grasp the tax implications and ensure a smooth transition, it is…

[militantinremission]

The Woman King: The latest example of 'Tricknology' at work

History is written by the Victor. We have to be mindful of this, whenever We see historical accounts of Our People. Slave Reparations have become a global conversation, & the descendants of European Colonizers, as well as those that benefited from Slave Labor are working feverishly to shift the narrative to Afrikan Tribes. Ultimately, They should be the ones to pay. There's some truth there, but Afrikan Chiefs & Kings received 'trinkets' (Rifles, Rum, Dashikis, ect...), while The Colonial Powers attained a Work Force that enabled them to control Global Affairs. Afrika is essentially Asset Rich but Cash Poor. Europe & America benefited from Slavery far more than Afrikan Kingdoms, & are therefore required to pay the lion's share of what is owed.

There are several problems w/ 'The Woman King'. To begin w/, it is historically inaccurate. Several Black Media Outlets have pointed out that Dahomey was a notorious Slave Trading State. They use Smithsonian documents, & historical accounts from 'The History Channel' & other sources to show how Dahomey not only traded Slaves to Europeans, they enslaved tens of thousands of their tribal rivals to fuel their domestic production. This notion of the Dahomian 'Woman King' being a Slave liberator, is Disney Magic. This may explain why it is failing @ The Box Office; during a time when it literally had No Competition. Antonio Moore of 'Toneralks' pointed out 'The Woman King's' average of $1,300/ Screen, compared to Black Panther's average of $18,000/ Screen.

My biggest issue w/ this movie, are the people behind it. This feat of 'tricknology', was the brainchild of Maria Bello. According to her, she was writing about 'Women's History'. She wanted to tell a 'Brave Heart' story set in Afrika. What We got, was a fantastical mix of Harriet, Black Panther & Braveheart- all rolled into one. It was written by Dana Stevens, & Directed by Gina Prince- Blythewood (of 'Love & Basketball' fame). Jason Black, of 'The Black Authority' did a dumpster dive into the background of these Women. Both of the Writers are White Women, & the Director is a Bi- Racial Black Woman raised in a non- Black household. The question arises: How can 3 Women w/ NO TIES 2 the Afrikan or Black American Experience actually write & direct such a narrative?

The obvious answer, is w/ Great Casting. 'The Woman King' is a $50M Production. The Cast includes: John Boyega as King Ghezo, Lashana Lynch, Sheila Atim, Thuso Mbedu, along w/ Viola Davis, as General Nanisca. NO ONE seems to be critical of the performances; the issue, is Maria Bello's 'narrative' itself. The only acting critique that i've seen, is in regard to Viola playing a teenaged Nanisca. Unlike David Kaluuya's portrayal of Fred Hampton, Viola is credible as an 'Amazon Warrior'. Most of the positive comments that I have read about this movie, are in regard to the performances. Even in the Social Media debates, supporters lean heavily on the Actors. This group has argued that 'The Woman King', is just a Story, why are We getting so worked up over a Movie? It's just entertainment.

Some have made claims that any critique of this movie, is part of a misogynistic agenda to undermine Women in general, & dark skinned Black Women specifically. Again, The Cast has been largely celebrated for their performance. This rhetoric plays into the 'tricknology' behind Maria Bello's Storyline. Ironically, Black Women have been the biggest critics of 'The Woman King'; Black Men are standing w/ their Women, but Black Women are making the most noise. When looking @ this movie through panoramic lenses, a few things come to light:

The blatant attempt to tug @ Black Women's heart strings w/ the story of an Afrikan Woman strong enough to stand up to the 'Dominant Men' of her universe- King Ghezo & the European Slave Traders. Black Women were expected to embrace this 'Historical Tale of Black Girl Magic' the way We embraced 'Black Panther'.

The inaccuracy of this 'narrative'. In it, The Oyo are solely blamed for trading Slaves to The Europeans. The truth is, Dahomey paid tribute to Oyo for the use of Porto Novo, before eventually defeating them. They controlled Porto Novo when the British Navy blockaded the Port to end Slave Trading in the Region.

Dana Bello presents Nanisca in the image of Harriet Tubman. She tries to convince King Ghezo to shift from trading Slaves, to trading Palm Oil; & later fights to liberate Slaves. There is no substantiation of this, but even if this is true, the narrative ignores the fact that Dahomey kept a large Slave population for their Palm Oil production & other industries. They were a Slave Economy.

Why this character? There is this emphasis on a 'Woman King', but isn't that essentially a 'Queen'? Elizabeth 1 & 2, Catherine 'The Great', & Victoria were ALL strong Women on the throne of Power. None were referred to as a 'Woman King'. Instead of focusing on a controversial figure like General Nanisca, why didn't Maria Bello & Dana Stevens look @ other Strong Women in Afrikan History? Hetshepsut was actually a Pharaoh (Shekem)- The ONLY female Pharaoh On Record. Queen Nzinga stymied The Portuguese. Queen Amina led her troops into battle. I understand the feminism behind a story about Amazons, but Nanisca is a flawed character. The Writers had to warp her story in order to tell it.

The ongoing effort by Hollywood to virilize 'Strong' Black Female characters. Wonder Woman, & now Nubia are how Amazons are classically depicted. General Nanisca doesn't fit this model. She falls into the societal perception of Serena Williams. No matter how feminine Serena presents herself, Society sees her like a female Mike Tyson- a Pit Bull in a dress. Maybe it's a Western view, but Black Women can be Strong, Powerful, Nurturing, AND [Very] Feminine. The Writer that puts those traits into a Black character will achieve that coveted 'Black Panther' reaction.

The pushback over 'The Woman King' has legitimacy. Black Filmmakers should be the ones telling Our Story. If Non Black/ Afrikan people desire telling ANY PART of Our History, a (collectively respected) Black Historian should be required to critique their screenplay. The pushback shouldn't stop w/ the Writer(s), Producers, or Director. The Cast Members should also be held to some account. Lupita Nyong'o was approached to do this Movie back in 2018, but backed out of the Project, after doing a documentary on The Agojie Warriors for The Smithsonian Channel. It's rumored that Lupita cried when she learned what Agojie Warriors did to The Yoruba. Viola Davis et al could've done their research.

As a Community, We have begun to question those who speak for Us. That should also be expanded to include those who represent Us in Sports & Entertainment. The current debate surrounding HipHop Music & Culture has some people saying that We need a vetting process. Entertainers that don't represent Us w/ respect & dignity shouldn't be supported. In the case of 'The Woman King', it shows a trend regarding the roles that Viola Davis chooses. I personally think that she is a powerful Character Actress. Viola Davis brings an intensity that few can match. She is the Cecily Tyson of Generation X. I put her on the same level as Cate Blanchett & Meryl Streep. That said, I must admit that I have struggled w/ some of Viola's roles.

I muddled through 'The Help', but 'How to get away with Murder' & 'Ma Rainey's Black Bottom' confused me. What were these characters trying to get across? How are these roles helping to frame a positive Black perspective in Society? I find myself asking the same question in regard to General Nanisca. How does THIS depiction help the global perception of Black/ Afrikan Women? I don't mean to dump on Viola Davis, but she's The Star of this lie. John Boyega has shown that like David Kaluuya, he's an 'Actor who just happens to be Black'. Viola acts like Sistah Gurl when she does interviews, so I think that she has some explaining to do.

Why would she play a role that would move Black Americans, West Indians, & Afro Latinos to cheer for the people that enslaved & delivered Us to European Slave Traders? THIS is the essence of 'Tricknology'. Meanwhile, Agojie Warrior Holloween Costumes are already being advertised to Our children.

-Black Girl Magic indeed.

[vncglobal]

The Benefits of Using Xero for Your Business and How Experts Can Help You Get the Most Out of It

As a business owner, you know how important it is to stay on top of your finances. You need to keep track of your income and expenses, manage payroll, and stay compliant with tax laws. But with so much to do, it can be overwhelming to manage everything manually. That's where Xero comes in. Xero is a cloud-based accounting software that can help streamline your financial management processes and save you time and money. In this blog, we'll discuss the benefits of using Xero for your business and how Xero experts in Australia can help you get the most out of it.

Cloud-Based Convenience:

One of the primary benefits of using Xero is that it's cloud-based, meaning you can access your financial information from anywhere with an internet connection. This is especially beneficial for businesses with remote employees or those that require frequent travel. You can also collaborate with your accountant or bookkeeper in real-time, which means you can make financial decisions faster and with more accuracy.

Automated Processes:

Xero's automation features can help you save time on manual tasks like data entry, bank reconciliation, and invoicing. Xero can integrate with your bank accounts and credit cards to automatically import transactions, making it easy to reconcile accounts. You can also set up rules to categorize transactions automatically and even create recurring invoices for regular customers.

Comprehensive Reporting:

Xero offers a variety of reports that can help you gain insight into your business's financial health. You can create reports on cash flow, profit and loss, balance sheets, and more. These reports can help you identify areas where you can save money, plan for future growth, and make informed financial decisions.

Scalability:

Xero is designed to grow with your business. Whether you're a sole trader or a large corporation, Xero can adapt to your needs. You can add users, integrate with other software, and customize your dashboard to suit your business's specific requirements.

How Xero Experts in Australia Can Help:

While Xero is designed to be user-friendly, it can still be overwhelming for some business owners. That's where Xero experts in Australia come in. Xero experts, also known as Xero Champions, are certified advisors who can help you get the most out of the software. They can help you set up your account, integrate Xero with other software, and provide ongoing support and training. With their expertise, you can maximize the benefits of Xero and make informed financial decisions for your business.

In conclusion, Xero is an excellent accounting software for businesses of all sizes. Its cloud-based convenience, automation features, comprehensive reporting, and scalability make it a valuable tool for managing your finances. By working with Xero Champions in Australia, you can ensure that you're using the software to its fullest potential and make the most out of your investment.

[zvaigzdelasas]

The Amhara regional state starts taxing khat in an effort to limit the use of the stimulant.[...]

“Due to the rapid growth of khat consumption in the region, it has been found necessary to impose a levy on khat production to help change this situation,” reads the directive.[...]

Khat, one of Ethiopia’s top five exports, brought in USD 392 million for the fiscal year that ended in 2021/22, a USD 10 million drop from the previous reporting period.

The illegal trade is the primary cause of the drop in khat export earnings. In the first month of the just started fiscal year, 30.9 million birr worth of khat was confiscated, according to the Ministry of Trade and Regional Integration.

The Oromia region is the country’s largest khat producer. Annually, farmers in the region produce 1.3 million quintals of khat.

Kahat farmers and traders in Hararghe, Oromia complained that they are being forced to leave the export market as the government has entered the export market through its own agencies. [Anonymous t]raders who spoke to Addis Standard said the traders who were organized under an association called Biftu Baha Oromia two years ago are being tactically pushed out from the market as the illegal controllers and the government have put their own people in the market.

An anonymous source told Addis Standard that farmers and traders under the Biftu Baha Oromia Association are being taken out of the market due to pressure from illegal traders, supported by people in [regional? federal?] government structures. “From the very beginning, farmers are not benefiting from the khat business. Now, organized farmers who have entered the khat trade are facing various pressures. The illegal traders who are controlling the khat market are tactically reducing the price of one kilo of khat that was previously exported at ten dollars to five dollars and destroying the farmers’ benefits. These guys make the price of khat drop to $5, they sell it for $20 and $30 after it leaves the country and report back to the government as if they sold it for $5 and get the rest of the money illegally. It is only the farmer who is suffering because of this,” he said.

The Biftu Baha Oromia Association (literally translating into the Eastern Sunshine of Oromia Association) was established two years ago by more than 500 traders, including farmers, with a capital of 24 million ETB, however,  it is currently being pushed out of the market due to various pressures, the traders have said.

Kebede [name changed for security concern], a trader and member of the Biftu Baha Oromia association, told Addis Standard, “The khat trade is the basis of livelihood of millions of people in Hararghe but the farmers have not benefited from its production, as it has been controlled by military generals for many years. At that time, the demand raised by the people was to become the owner of the khat trade. After the change of government, the Oromia Regional State government provided opportunities for farmers to enter the khat trade. And our association was the only one that met the required conditions and entered the market,” he said.  

However, while the association was making efforts to export khat products to Somalia after air transportation resumed following the outbreak of Covid-19 stabilizing, it was affected by the entry of traders called ‘Surah’, who had been the sole controller of the market in Somaliland for many years, he said. “Previously, farmers had no other options and would sell their produce at low prices to powerful traders who would take it out of the country and sell it at higher prices. We entered the market to spare it and help our farmers to be able to benefit from its product by becoming the owner of the market. We went to Somalia and spoke to former President Mohamed Abdullahi (Farmaajo) and agreed with him to export khat products to Somalia. And we got a customer who would work with us but we could not get permission from the current Somali government after the first $400,000 was deposited into our bank account from our customer. The Surah traders began to obstruct us. Later, we asked the current Somali government and they told us that only Somaliland traders called ‘Surah’ can export khat to Somalia and we should work with them,” Kebede added.

“Yet they sell 1.2 kilograms of khat for fifteen dollars and report to the government as they sold it for five dollars and the rest goes out of the country illegally. We have been announcing that this will also harm the government. When the government increased the price to $10, they pressured the khat production to be smuggled out of the country to Somalia and Djibouti illegally and forced it to be sold back at five dollars. We continued to supply them khat because they are the sole controllers of the khat market and we have no other option,” he said, adding that on the second day of the return of the export price of khat to five dollars, a letter of suspension was written from the ‘Surah’ traders to them and they were replaced by a government company called Biftu Adugna, which is under the auspices of the Oromia Development Association.    

He said that although they are currently focused on the Puntland market after being “pushed” out of the Mogadishu (Somalia) market, they still face other obstacles. “Immediately after we entered the Puntland market, there was another trader who was not in the khat business before and now the Oromia Regional State government has introduced him to the business, intentionally dropped the khat price which was previously being exported for $28 per 1.2 kilograms in Puntland to $4. He has his own plane, and so he transports the product by his own plane. But how can we continue to pay $5 per kilogram for khat to be airlifted and sold for $4? khat is being sold below the cost of production in Puntland to push those traders like us out of the market. We urge the government to immediately retract its hand from the khat trade and prosecute those who are illegally collecting money, at the expense of farmers,” he said.

27 Aug 22

[spreadjoys]

Maximizing Profits: The Essentials of Online Trading Investment in 2024

The financial markets are a dynamic landscape, and 2024 presents exciting opportunities for savvy online traders and investors. While there's no guaranteed path to riches, equipping yourself with the right knowledge and strategies can significantly increase your chances of success. Explore the fundamentals of online trading investment in 2024 with this blog post.

Understanding Trading vs. Investing

Before venturing into the market, it's crucial to differentiate between trading and investing. Traders are akin to explorers seeking short-term gains by capitalizing on price fluctuations within a day, week, or month. Investors, on the other hand, adopt a long-term mindset, focusing on building wealth by acquiring and holding assets for extended periods, similar to seasoned treasure hunters accumulating valuable artifacts. The best option will rely on your financial objectives, risk tolerance, and amount of free time to pursue the endeavor. Both strategies have clear benefits.

Choosing Your Weapon: Selecting the Perfect Platform

Today's digital world offers a plethora of online trading platforms, each catering to a specific explorer type. Here's what to consider when making your choice:

Security and Regulation: Win for a platform that prioritizes user security and is licensed by reputable financial authorities. After all, you wouldn't embark on your financial adventure without ensuring the safety of your valuables.

Features and Functionality: Choose a platform that aligns with your trading style. Day traders might require advanced charting tools and technical analysis capabilities, similar to those seeking to identify short-term price patterns. Long-term investors might prioritize commission structures and research resources, focusing on accumulating valuable assets over time.

Fees and Commissions: Transaction fees and account maintenance charges can significantly impact your profits. Compare different platforms and choose the most cost-effective option for your trading activity. Just like any expedition, being mindful of expenses is crucial for a successful journey.

Developing Your Strategy: A Roadmap to Success

There's no singular path that guarantees success in the online trading labyrinth. However, here are some essential strategies to consider as you navigate:

Accept Diversification: Don't put all your eggs in one basket. To reduce risk and possibly take advantage of opportunities in various market conditions, spread your investments throughout numerous industry sectors and asset classes. Imagine a treasure hunter not focusing solely on gold but diversifying their search to include other valuable resources.

Technical vs. Fundamental Analysis: In order to pinpoint trading opportunities, technical analysis primarily uses historical price and volume data, while fundamental analysis delves into a company's financial health, industry trends, and economic factors. Consider incorporating both approaches into your decision-making process, using them like a compass and a map to guide your investment choices.

Risk Management is Key: Develop a robust risk management strategy to protect your capital. Utilize stop-loss orders to limit potential losses, similar to setting boundaries to avoid venturing into high-risk areas. Keep in mind that you should never invest more than you can lose, just like any wise explorer wouldn't risk their entire expedition on a single venture.

Emerging Trends and Opportunities

As we traverse through 2024, several key trends are likely to reshape the online trading landscape:

The Rise of Fintech: Technological advancements continue to revolutionize the financial industry. Fintech solutions like automated trading tools and robot-advisors are becoming increasingly accessible, offering new ways to participate in the market. Consider them innovative tools that can aid you in your financial exploration.

The Blockchain Revolution: New investment opportunities and a disruption of conventional financial services are possible with blockchain technology. Stay informed about the development and potential applications.

[foshanwords]

How Forex Trading Bots Are Changing the Forex Market

The forex market, known for its immense size and high liquidity, has always been a fertile ground for innovation. One of the most significant technological advancements in recent years is the development and widespread adoption of forex trading bots. These automated systems are transforming the forex landscape, bringing about substantial changes in how trading is conducted, how strategies are developed, and how traders interact with the market. This article explores the myriad ways in which forex trading bots are changing the forex market.

The Rise of Automation in Forex Trading

Increased Market Participation

Forex trading bots have lowered the barrier to entry for retail traders. With user-friendly interfaces and automated processes, even those with minimal trading experience can participate in the forex market. This democratization of trading has led to an influx of new participants, increasing overall market activity.

Enhanced Efficiency

Automated trading bots operate 24/7, executing trades with precision and speed that human traders cannot match. This continuous and efficient trading has improved market liquidity and reduced spreads, benefiting all market participants.

Impact on Trading Strategies

Algorithmic Trading Dominance

The use of sophisticated algorithms allows forex robot to analyze vast amounts of data and execute trades based on pre-set criteria. This has led to the dominance of algorithmic trading in the forex market, where decisions are made based on data-driven insights rather than human intuition.

Sophisticated Strategy Development

Forex trading bots enable the implementation of complex trading strategies that would be difficult for human traders to execute consistently. These strategies include high-frequency trading, arbitrage, and statistical arbitrage, which require rapid execution and precise timing.

Risk Management and Consistency

Automated Risk Controls

Effective risk management is crucial in forex trading. Bots can be programmed with stringent risk management protocols, including stop-loss and take-profit orders, position sizing, and trailing stops. These automated controls help mitigate risks and protect traders' capital.

Elimination of Emotional Trading

Emotions such as fear and greed often lead to poor trading decisions. Forex trading bots eliminate emotional bias by executing trades based solely on predetermined rules and algorithms. This consistency enhances the reliability and predictability of trading outcomes.

Market Dynamics and Liquidity

Increased Liquidity

The constant activity of trading bots has significantly increased market liquidity. Bots can execute a large number of trades within a short period, ensuring that there are always buyers and sellers available. This increased liquidity has made it easier for traders to enter and exit positions without significant price slippage.

Market Stabilization

By executing trades based on market conditions and pre-set algorithms, forex trading bots contribute to market stabilization. They help smooth out price fluctuations and reduce volatility, making the market more stable and predictable.

Challenges and Considerations

Market Over-Reliance on Automation

The widespread use of trading bots has led to concerns about over-reliance on automation. If too many market participants use similar algorithms, it could lead to market inefficiencies or exacerbate volatility during times of crisis.

Technical Vulnerabilities

Forex trading bots are not immune to technical issues such as software bugs, connectivity problems, or cyber-attacks. These vulnerabilities can disrupt trading and lead to significant losses if not properly managed.

Regulatory Scrutiny

The increasing prevalence of automated trading has attracted regulatory attention. Regulators are concerned about the potential for market manipulation and the impact of high-frequency trading on market stability. As a result, stricter regulations and oversight may be implemented to ensure fair and transparent trading practices.

Future Prospects

Integration of Artificial Intelligence

The integration of artificial intelligence (AI) and machine learning into forex trading bots is the next frontier. AI can enhance the capabilities of trading bots by enabling them to learn from past data, adapt to changing market conditions, and develop more sophisticated strategies.

Increased Customization

As technology advances, trading bots will offer greater customization options. Traders will be able to tailor bots to their specific needs, preferences, and risk tolerances, making automated trading even more accessible and effective.

Collaborative Trading Environments

The future of forex trading may see more collaborative environments where human traders and bots work together. Human traders can provide strategic oversight and intuition, while bots handle the execution and data analysis, combining the best of both worlds.

Conclusion

Forex trading bots are undoubtedly changing the forex market in profound ways. By increasing efficiency, enhancing strategy development, and improving market liquidity, these automated systems have transformed how trading is conducted. While there are challenges and considerations to address, the future of forex trading bots looks promising, with advancements in AI and customization set to further revolutionize the market. As traders continue to adapt to this evolving landscape, forex trading bots will remain a pivotal force in shaping the future of forex trading.