What factors should an entrepreneur consider before choosing a form of ownership?
Answer to relevant QuestionsWhy are sole proprietorships so popular as a form of ownership? What issues should the Certificate of Incorporation cover? How would you go about determining the value of the assets of a business if you were unfamiliar with them? Fran Lubbs, who after a five-year stint left the corporate office of Goddard School, an early education franchise, to become a franchisee, says, “Follow the system. It’s one of the reasons you bought the franchise. ...How can market research benefit entrepreneurs when starting up?
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