Explain business as a sole proprietorship, Operation Management

Assignment Help:

Conway just received his contractor's license in the state of Virginia. For years, Conway did light construction work for a few commercial accounts. He was very successful and had enough clients to keep him busy, along with his father and brother, working six days a week. Occasionally, a client would hire Conway to do a substantial amount of carpentry work for an entire business. Conway has purchased a substantial amount of property. He intends to create an upscale neighbourhood containing houses valued in the $200,000 range. He realizes that he will have to borrow heavily to construct the first few houses. At present, Conway's business operates as a sole proprietorship. Should Conway continue to operate his business as a sole proprietorship? Should he operate his business as a partnership? Explain why or why not.


Related Discussions:- Explain business as a sole proprietorship

Explain even though efforts to restrict employees'', Discuss the following ...

Discuss the following statement: Even though efforts to restrict employees' free speech at work may be permissible, such efforts raise troubling questions affecting individual righ

Explain the problems associated with performance measurement, Question 1: ...

Question 1: The objective of Government organizations is not for profit. Explain the problems associated with performance measurement in not for profit organisations and ho

Explain steps in the supply process, Examine the steps of the supply proces...

Examine the steps of the supply process in Chapter 4 of the text and identify a project where improvements could be made in one or more of the steps. Would the project have been mo

Define what do you think will happen to hrm in the future, What do you thin...

What do you think will happen to HRM in the future? What do you think of this prediction for HRM? Is it likely to come true? If so, why? If not, why not? Cited/References

Describe the use of strike replacements, Itemize and discuss the different ...

Itemize and discuss the different types of strikes and lock outs, their roles in labour relations and their legal restrictions in private and public sectors. Discuss the use of str

Explain factors which determine job satisfaction, Question 1: (a) Defin...

Question 1: (a) Define conflict. (b) Is all conflict harmful and inevitable? Explain your answer. (c) Identify and describe the conflict levels in organisations. Ques

Explain what will be the percent increase or decrease, Refer to problems 1....

Refer to problems 1.13 and 1.14. If Charles lackey's utility costs remain constant at $500 per month, labour at $8 per hour, and cost of ingredients at $0.35 per loaf, but Charles

What type of strategy will you utilized to meet this demand, Dell Computers...

Dell Computers is known for revolutionizing the personal computer market using mass customization. This company can turn out a huge volume of computers while still having a variety

Why the supply chain management such a topic of interest, Why is supply cha...

Why is supply chain management such a topic of interest lately, especially multifacility distribution?

Write Your Message!

Captcha
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