Run the business as a sole proprietorship

Assignment Help Business Management
Reference no: EM131545274

Jerry is starting his own business - a boxing gym. He's ready to sign a lease to rent space in a local strip mall. He figures he can almost everything himself, though he will need to hire a part-time employee on an "as needed" basis. His friend, Steve, has agreed to work when needed.

Jerry wants to run the business as a sole proprietorship. Identify at least 2 legal advantages and 2 disadvantages to this form of business ownership for Jerry's Boxing Gym.

Reference no: EM131545274

Questions Cloud

Discuss the cultural views of this disorder : What kinds of medical treatment(s) are recommended for this disorder? Discuss the cultural views of this disorder (any stigma or societal views?)
Required market return on the bond : If the required market return on the bond is 9%, will the bond sell at a discount, a premium or at its par value?
Describe how much children are currently watching screens : Describe how much children are currently watching screens (TV, videos, iPad, etc.) , and how young they start
The requirements for the social and cultural diversity paper : Refer to the Social & Cultural Diversity Paper Writing Instructions for a detailed explanation of the requirements for the Social and Cultural Diversity Paper.
Run the business as a sole proprietorship : Jerry wants to run the business as a sole proprietorship. Identify at least 2 legal advantages and 2 disadvantages to this form of business ownership for Jerry'
Discuss the positives and negatives surrounding opioid use : The advantages and disadvantages of the use of semisynthetic opioid analgesics (oxymorphone, hydrocodone, and oxycodone) as compared to the natural opioid.
What should be the delta to create riskless portfolio : If the investor writes a call option with a strike price of $43, what should be the delta to create a riskless portfolio?
Definition of production operations management : Elaborate your own definition of production operations management, including manufacturing and service operations.
European call with a strike price : A European call with a strike price of $50 and a maturity of one year is worth $6.

Reviews

Write a Review

Business Management Questions & Answers

  Customers that they will probably cut back

Omar has heard from some of his customers that they will probably cut back on order sizes in the next quarter. The company he works for has been reducing its sales force due to falling demand and he worries that he could be next if his sales begin..

  What are the benefits to technology within the workplace

What are the benefits to technology within the workplace? What technology do you use in the workplace? If you could add one technological tool to your workplace, what would it be? Explain your thoughts.

  Readability sounds like a fairly subjective term

Readability sounds like a fairly subjective term. What are some of the guidelines offered in the text to help readability? Now think about things that you read at work, or in your academic life. List some things that help keep you focused as a rea..

  Describe the concept of turnover

A separate 300 word essay for each of the following questions with work cited 1. Discuss equity theory.  Include the concepts of equity tension, referent comparisons, and how employees might reduce perceived inequity.2. Describe the concept of turno..

  Environmental policy statementas a group select a business

environmental policy statementas a group select a business hasbro corp. you are familiar with and develop an

  Prepare a career plan report

Prepare a career plan report on Business Analyst or or Corporate Tax Consultant

  Describe the pros and cons

List and explain the pros and cons of being a technological leader as a functional strategy.

  What ethical considerations were discussed in the video

What ethical considerations were discussed in the video.- Are the questions posed in this video still relevant today in light of the current business environment?

  Social networking in hiring

Social Networking in hiring - What are some new innovations that employers are using to find job candidates?

  Extensive sharing of information

The human resource bundle that is known as a commitment strategy includes empowerment of workers, careful screening of recruits, high levels of teamwork, and extensive sharing of information.

  Major difference between a hub and switch

What is the major difference between a hub and switch, which one is more efficient at routing traffic, and which is preferable in larger network configurations?

  Critique how well the organization adapts to change

Critique how well the organization adapts to change

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd