I just launched a web-based art gallery and store. The company will display unique works of art created by a variety of international artists. what would be some pros and cons to this business ?

1. why do you believe there is a market for your new business, location, potential competitors, potential downsides, potential upsides, etc.

2. Why weren't they beneficial for your business?You mustindividuallydiscuss each business association from your reading and youcannotgroup them together in this section.They include: sole proprietorships, general partnerships, joint ventures, limited partnerships, limited liability companies, limited liability partnerships, limited liability limited partnerships, corporations, and business trusts.You need to go through what each association requires and then explain what your reasons were for not choosing that association for your business.For example, if you want to go into business for yourself, youcannotsay that you didn't choose all of the other associations that have partners/members, etc. because some of them, like the Limited Liability Company, can be a single-member, and Limited Partnerships will still have you run the business by yourself but with a silent investing partner, etc.

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Pros and Cons of Launching a WebBased Art Gallery and Store 1 Market Potential Pros Global Reach A webbased platform allows access to a global audience increasing the potential customer base significa... View the full answer