What does it take to become sole proprietor

Assignment Help Operation Management

Reference no: EM132270793

What does it take to become a sole proprietor? What are the advantages of this form of business ownership?

How does a limited liability partnership differ from a general partnership in terms of liability?

Why would someone choose to franchise? What are the advantages to owning a franchise?

Like many entrepreneurs, Troy Smith started Sonic as a sole proprietorship, then took on a partner, and eventually offered franchises. What advantages did he enjoy at each stage of Sonic’s development? What disadvantages did he face?

There are many advantages and disadvantages to the various forms of business How is a franchise different from a partnership?

What important questions should you ask before becoming a franchisee in a company like Sonic?

Reference no: EM132270793

Questions Cloud

What the product-service offers-product positioning : Customers' perceptions of what the product/service offers ? Product Positioning. Quality, features, and style/design ? Products Attributes.

Describe the value that you derive from this brand : Please select a brand that you are familiar with and describe the value that you derive from this brand. What needs does it fulfill?

Training service employees in the fine art of interacting : Training service employees in the fine art of interacting with customers to satisfy their needs

Where would you like to work in your management career : Where would you like to work in your management career? And why?

What does it take to become sole proprietor : What does it take to become a sole proprietor? What are the advantages of this form of business ownership?

Sentence definition of effective organizational leadership : Create a one sentence definition of effective organizational leadership, using your own experience and insights.

What talents or skills do you need to run the business : What kinds of products or services will you offer? What talents or skills do you need to run the business?

Traditional system transactions and management controls : Discuss the differences between traditional system transactions and management controls that you think would be relevant to any organizations

Step process is used to make product : A 3-step process is used to make a product. How many units would the process have to process to get 100 units of good outputs?

User Account

All Pages