Andy and Brian were talking over coffee one morning. Brian, Andy said, You know Ive been repairing
Question:
Andy and Brian were talking over coffee one morning. “Brian,” Andy said, “You know I’ve been repairing clocks as a hobby for some time. Since the nearest clock shop is in Smithton and that’s about 60 miles away, I’ve begun doing it for friends and neighbors. I’m thinking of quitting this job and opening a clock repair shop here.”
“Oh, Andy,” Brian replied, “Are you really sure you want to do that? Hardly anybody starts a business these days – no one even much thinks about doing that anymore. The day of somebody just deciding to open a business and doing it is long gone.
“Even restaurants are no longer small businesses; you gotta buy a franchise from some big corporation these days. Besides, you gotta do something different than anybody else does; you’ve got to come up with an idea no one else has thought of before.
Be a better friend to Andy than Brian was. Correct the errors Brian made and offer Andy some advice that will be beneficial.
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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