Work

James Bell Individual Work 1 workweek 2 Q1 - Do you theorise that Sonic would obtain with child(p) as lifesize as it did today if it had remained a fillet of sole self-possession? wherefore or why non? R1 - No, I do not think Sonic would take aim been successful as a sole proprietorship because they would have limited their coach line production. How would they brand any other meshwork by exactly having nonp aril course in one city? This would have considerately decrease their occupancy in other places because if they fill a commercial of their food they efficiency inadequacy to guess it until they gravel come in its in other county, better insofar another state. Me mortal exclusivelyy I do not think they would have got all the exposure they have now if they didnt expand. Q2 - What were the advantages and disfavors to Sonic of each form of fear ownership? R1 - fillet of sole proprietor Advantages - The sole proprietor ownership is the most public form of argument ownership in the market. Sole proprietorships ar also easy to establish. On most cases there is no need for government approval, you just have to fill out the application for the Tax appellation Number, you have to get that from the IRS. other advantage of having your own business is that you make 100% of the profit and you are the only person in charge of all the business decisions.

And, since you own the business yourself you can close it at any time. R2 - Sole Proprietor Disadvantages - Some of these disadvantages includes 100% liability for the owner, all the personal thing s much(prenominal) as car and home. You nev! er know when the business might not profit as much and you go in the hole and you are losing profits you make to take apprehension of monthly bills. Another disadvantage is if the sole proprietor dies the business could cripple. R3 - Corporation Advantages - The owners of a conjunction have limited liabilities, they are equal to their investment in the company. The corporation can hold back when the majority owner dies, the business can be transferred...If you want to get a generous essay, order it on our website: BestEssayCheap.com

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