Molly is a 60-year-old entrepreneur planning to start a business selling jams and preserves. Molly is not very ambitious. She wa
nts to keep her business small, hassle free, and easy to manage. She prefers to employ a maximum of two cooking assistants who would also make deliveries. The best business structure for Molly would be _____. This business structure would allow Molly to manage her business without too many hassles. Also, she would enjoy complete ____over the business and could keep all the _____for herself. 1).corporation
limited liability company
sole proprietorship
Sole proprietorship is a business owned and run by an individual.Molly is the sole proprietor.In the sole proprietorship you are your own boss because the sole trader has full control over the business.Mollly will have full control of the business because she is the owner.The sole trader makes decision for the business without consulting any one which makes it faster and easier.The sole trader will enjoy all the profit from the business alone and incase there is a loss he will incur the loss alone.Molly will enjoy all the profit from the business.
Relocation diffusion is when an idea spreads to a new location by a person moving for example corona it spreaded to America cuz a person brought it here