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- legal requirements
- liability and accountability
- continuity and transfer of ownership of the business
- management participation
- profit sharing
Wiki User
∙ 11y ago
Sabin Panta
Tax considerations
Liability exposure
Start-up and future capital requirements
Control
Managerial ability
Business goals
Management succession plans
Cost of formation
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Factors affecting choice of business?
Various factors can affect if someone chooses to use a business or not. For example, the location and the price.
What are the basic factors to start a business?
1 Selection of line of business 2 Size of the firm 3 Choice of form of ownership 4 Location of business enterprise 5 Financing the proposition 6 Physical facilities 7 Plant layout 8 Competent and committed worked force 9 Tax planning 10 Launching the enterprise
What is the cost of liability insurance for a home repair business?
It would be impossible for someone to answer this question based on the information provided. There are many factors that go into determining your premium. You are better off just calling up your provider of choice and getting a quote.
What business was Henry Ford involved in?
Making cars or assembly line your choice. Haha
Why is location important in setting up a new business?
If you set your business up in a town that is full of crime, that would be a bad choice. If you set up somewhere that has a low population count, that would also be a bad choice. The location that you set up a business is important as it decides how often you will get customers and how likely you are to get robbed/involved in a crime.
What are the factors that influence the choice of forms of ownership?
Five factors that can influence the choice of for of business ownership?
Determine factors that will influence to choice between labor intensive and capital intensive technique?
Size of the business
What factors influence the choice of market entry method?
what factors influence the choice of market entry method?
What factors will influence your choice of a medium of communication?
no
What are three factors that influence?
Genetics, Environment, and Voluntary Choice
What are 3 factors that influence your choice of physical activities?
h
What are three factors that influence happiness?
Genetics, Environment, and Voluntary Choice
What is a factors affecting choice of business?
technological factors,economic factors and social cultural factor
Factors affecting choice of business?
Various factors can affect if someone chooses to use a business or not. For example, the location and the price.
Why do cutomers influence businesses?
Customers influence businesses to a great extent. In cunsomer durable business, customer's choice/selection play a pivotal part. Similarly in savings products, insurance business, customer's savings habits, life standards are the deciding factors for the growth of these types of businesses.
What is the two types of business ownership?
A business enterprise can be owned and organized in several forms. Each form of organization has its own merits and demerits. The ultimate choice of the form of business depends upon the balancing of the advantages and disadvantages of the various forms of business. The right choice of the form of the business is very crucial because it determines the power, control, risk and responsibility of the entrepreneur as well as the division of profits and losses. Being a long term commitment, the choice of the form of business should be made after considerable thought and deliberation. The choice of the form of business is governed by several interrelated and interdependent factors. Sole Proprietorship Partnership Corporation
What factors might influence the choice of target group for a community sports programme?
They lick faces of sportsmen.
