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Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946

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BuyFindarrow_forward

Foundations of Business - Standalo...

4th Edition
William M. Pride + 2 others
ISBN: 9781285193946
Textbook Problem

If you were to start a business, which ownership from would you choose? What factors might affect your choice?

Summary Introduction

To determine: The ownership form to be chosen if a new business is started and the factors affect them.

Introduction: The term business is defined as the planned exertion of people to manufacture and trade, for revenues, the goods and services that fulfill the requirements of the people. A business must be designed in such a way that it is managed efficiently, gratify the needs and should make profits.

Explanation

The ownership forms to be chosen if a new business is started and the factors affect them are as follows:

The issue of accessibility of financing versus money related need positively influences the decision of possession frame...

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