1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
natima [27]
3 years ago
10

What is the situation? You are an entrepreneur who created a business about ten years ago. It has been very successful and has g

rown a lot in the decade since you launched the business. Now, you have a decision to make. Will you keep this growing business as a sole proprietorship, or will you change it into a partnership or corporation? Your employees expect you to announce your decision in just a few days! What is your task for this project? Your task is to create the text for a short speech that you, as the head of this business, would give to your employees to let them know what you have decided to do with the business. You may choose to (a) keep the business a sole proprietorship, (b) change it into a partnership, or (c) change it into a corporation (which we call “incorporating” the business). For the purposes of this project, you are welcome to decide what kind of product or service your business offers, but that is not required. It may just make it easier to decide what type of business structure would work best for the business you are running for this project. In your speech, you must do each of the following (in any order): • Announce what type of business structure your business will have (sole proprietorship, partnership, or corporation). • Explain the advantages that led you to choose this type of business structure. (For full credit, you need to accurately address multiple advantages, not just one.) • Explain the disadvantages that led you to decide against each of the other two options that you did not choose. (For full credit, you need to accurately address multiple disadvantages for both discarded options.)
Social Studies
1 answer:
oksano4ka [1.4K]3 years ago
4 0

Answer:

I would have a  Partnership because the advantages of a partnership is the business can see more than just what one person offers but what the partner can offer as well, if one of the employers isn't there the other can watch the businesses while he is away. the disadvantages of a sole proprietorship is if one person is running it there are less ideas, and less people to watch the company, and harder for one person to juggle the mess of an employer. the disadvantages of a corporation is there is just chaos no one person to lead the herd. there isn't someone to round up everyone if need be. Everyone just does what they want to do

Explanation:

You might be interested in
How did the planting of grain and vegetables improve the lives of Neolithic people
JulsSmile [24]
Since they were the ones controling production of food. They were able to produce enough food themselves. Also, civilization started due to people gathered at one place for farming.
8 0
3 years ago
A customer is trying to use a coupon that has clearly been photocopied. You tell her CVS does not accept copied coupons. She bec
Sliva [168]
I would report her to the security <span />
6 0
3 years ago
Read 2 more answers
Which statement describes an example of checks and balances in the Roman Republic?
mrs_skeptik [129]

Answer:

B. A consul vetoed a law passed by the legislature

Explanation:

One branch is checking another. The consul is checking the legislature.

4 0
3 years ago
Read 2 more answers
A common refrain during national elections is politicians vilifying pork-barrel spending. Despite the apparent consensus on the
Oduvanchick [21]

Answer:

It is because of it estimated benefit

Explanation:

The estimated benefit is about 2500, since 5×500=2500, so it has a good estimated benefit.

8 0
3 years ago
Read 2 more answers
What is the dominant factor that determines where people live in southwest asia and north africa?
astraxan [27]
The Mediterranean Sea. If the land is directly south of the Mediterranean, it’s Africa. If the land is directly east its southwestern Asia. If the land is north of the Mediterranean it’s Europe.
5 0
3 years ago
Other questions:
  • Clay decides to open a sandwich shop in his neighborhood. He keeps the costs of his sandwiches low so more people can afford to
    14·2 answers
  • According to Subpart D, research with children may be eligible for exemption under Category 2 when: The research with children w
    8·2 answers
  • In experiments, participants averaged 12 or more hours of sleep a day for the first few days of unrestricted sleep. They then se
    6·1 answer
  • How does the geography of the Middle East affect life, meaning people, there?
    13·1 answer
  • On the long-run aggregate supply curve Group of answer choices a decrease in the price level increases the aggregate quantity of
    15·1 answer
  • What was the primary reason that Roger Williams left Massachusetts Bay and founded the Rhode Island Colony?
    5·2 answers
  • Which religion is...
    12·2 answers
  • In what ways have the people of the rural areas become actively involved in govermance?
    6·1 answer
  • How does the belief Manifest Destiny justify US policy of Imperialism?
    11·1 answer
  • Who do you want to be like when you grow up your mother or your father
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!