Joe Bloggs is a successful inventor who has just been awarded a patent in the UK  for a new design of new battery-powered device. He is looking to set up his own  business to manufacture and distribute the device. Carry out a thorough analysis of the advantages and disadvantages of setting up his  business as either a sole trader, a partnership or a limited company.

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
Chapter13: Direct Foreign Investment
Section: Chapter Questions
Problem 2SBD
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Joe Bloggs is a successful inventor who has just been awarded a patent in the UK 
for a new design of new battery-powered device. He is looking to set up his own 
business to manufacture and distribute the device.
Carry out a thorough analysis of the advantages and disadvantages of setting up his 
business as either a sole trader, a partnership or a limited company. 

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