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

Principle of motion economy, Principle of Motion Economy: The improvem...

Principle of Motion Economy: The improvement of any method is generally  accomplished using the ideas chosen from the alternatives  throw up during the critical examination ph

Which one technique i recommend is because, Complete the below table. Which...

Complete the below table. Which one of these techniques would you recommend to use and indicate your rationale. Technique Ave Bias Ave MAD MSE Ave MAPE Naïve 4 Per MA Exp Smooth Th

What are the arguments for as against social responsibility, What are the a...

What are the arguments for and against social responsibility on the part of businesses? Please in addition, which set of arguments is more compelling?

Explain the service organization worry about world class, Why should a serv...

Why should a service organization worry about being world class if it does not compete outside its own national border? What impact does the Internet have on this?

Method describe how much one person is on a given dimension, Which statemen...

Which statement about comparative of performance appraisal is false/1. it is a method that seek to identify one relative standing among those being rated/2.this method indicate tha

Supply chain management, explain the extend to which SCM is applicable to a...

explain the extend to which SCM is applicable to a service operation like Cruise int.

Explain what is the bonds'' coupon rate, Metal Fabricators just issued $1,0...

Metal Fabricators just issued $1,000 par 20-year bonds. The bonds sold for $758.18 and pay interest semi-annually. Investors require a rate of 9% on the bonds. What is the bonds' c

How electronic data interchange, Describe how Electronic Data Interchange (...

Describe how Electronic Data Interchange (EDI) has helped transform Business to Business (B2B) operations.  Business to business (B2B) operations refers to the way in which buy

Explain mbo to improve the innovation process at gsli, Do you believe that ...

Do you believe that MBO is appropriate for an organization where the primary output is innovation? If not why not? If so, how would you apply MBO to improve the innovation process

Explain public sector unions, Public sector unions now account for more tha...

Public sector unions now account for more than half of union members, while the private sector accounts for less than half. Why has this change occurred?

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