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

Travael chart, I want some project about travel chart.

I want some project about travel chart.

Explain first step in your data analytical project, Your final project enta...

Your final project entails systematic extraction of decision-aiding insights out of a dataset provided to you in the Doc Sharing area. This project will provide you with hands-on e

Explain entrepreneurial and machine bureaucracy, Find 5 organizations (one ...

Find 5 organizations (one that fits each of the below categories) and include the Web site link and the reason it fits the category: 1-Entrepreneurial 2-Machine bureaucracy

Transportation cost, a. Assign any value arbitrarily to a row or column var...

a. Assign any value arbitrarily to a row or column variable u or v j . generally a value 0 zero (zero) is assigned to the first row i, e, u = 0. b.Consider every occupied cell

Write steps you would take to initiate the project, You are the project lea...

You are the project leader for organization your community's Fourth of July celebration parade this year. In previous years the parade has been well attended and a favourite commun

forecast of inflation, Aman work at the Bank, to help customers, including...

Aman work at the Bank, to help customers, including retired people, to plan for the future.  Often the value of pensions does not keep up with inflation.  Hence retired people requ

Explain what is the workstation cycle time, 1. Some tasks and the order in ...

1. Some tasks and the order in which they must be performed according to their assembly requirements. These are to be combined into workstations to create an assembly line. The

Explain observation setting be natural or contrived, What are Best Practice...

What are Best Practices of college/university communications to students? Concerning this research project, what primary data would you suggest and by what methods should be used t

Compute the number of people involved in the processing, Analyze and evalua...

Analyze and evaluate the processing of new application at the CEUPU: - Create a process map for new applications - Calculate the time needed to process an individual application cy

Process design, Ski Boards, INC., wants to enter the market quickly with a ...

Ski Boards, INC., wants to enter the market quickly with a new finish on its ski boards. It has three choices: (a) refurbish the old equipment at a cost of $800, (b) make major mod

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