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Q. Identified a location for a rent of $2,000 per month hired two teachers to work through her. Acquired necessary licenses from the state June has $10,000 in personal savings also some debt also has decided to function as a sole proprietor. Do you agree through her decision? Explain why or explain why not? Illustrate what factors will influence your decision most? Will your answer change if June had to purchase the location for $250,000? Explain why or explain why not? If a friend of June's is willing to become a partner in the business also invest 20% of the total required, illustrate what are the risks which June should consider? Does which further change your recommendation to June about the type of ownership? Explain why or explain why not? Illustrate what will you suggest to June in both situations?
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