If you were to open a small business, such as a local landscaping business, what form of ownership would be most appropriate and why?
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If you were to open a small business, such as a local landscaping business, what form of ownership would be most appropriate and why?
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- If you were to start a business, what ownership form would you choose? Wjat factors might affect your choice?List and describe some investment vehicles that a small business ownermight select.What kind of ownership structure would you select if you were starting a business? Depending on your pick, what elements could influence you?
- Identify the strengths and weaknesses of sole proprietorship, partnership, and corporation? What type of organization is suited for bakery shop? Explain why?What are the advantages and disadvantages of becoming a franchisee? Should a person consideringgoing into business the first time consider a franchise? Discuss.What are the advantages and disadvantages of becoming a franchisee? Should a person considering going into business the first time consider a franchise?
- If you are concerned about unlimited liability, what other types of ownership structures could you pursue for your small business?What are the advantages and disadvantages of becoming a franchisee? Should a person consideringgoing into business the first time consider a franchise? Discuss and consider legal aspects of it.In your everyday consumer interactions, would you rather do business with a sole proprietorship or a corporation? Why?