Question: Suppose you and some friends want to start a business
Suppose you and some friends want to start a business to take tourists on wilderness backpacking expeditions. None of you has much extra money, so your plan is to start small. However, if you are successful, you would like to expand into other types of outdoor tours and perhaps even open up branches in other locations. What form of ownership should your new enterprise take, and why?
Relevant QuestionsWhile maintaining the sole proprietorship structure? Explain your answer.What are the advantages and disadvantages of owning a franchise?Pick a local small business or franchise that you visit frequently and discuss whether that business competes on price, speed, innovation, convenience, quality, or any combination of those factors. Be sure to provide some ...Why is cognitive intelligence alone insufficient for effective leadership?How does the quality of business management affect society as a whole?
Post your question