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Which of the following is an advantage of setting up a business as a partnership?
Wiki User
∙ 11y ago
The risks of owning the business are divided among a group of people
Study Island. :)
Wiki User
∙ 11y ago
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Which one of the following is an advantage of setting up a family day care home?
Your own child or children will have children to play with
What are economic setting of business?
the economics setting of business
Why are business objectives important?
Business objectives is very important to a business because the business needs to create financial, operational, social and environmental goals to acheive. By setting objectives you know where the busines is heading and how its going to have a competitve advantage in the mass market.
If you start a college business then what can you do?
If you start any business, you need to consider whether you want to be a sole trader or a partnership. You need tovaluate the pros and cons of each one and decide which you think would be better for the business you are setting up.A sole trader is just one making you the owner of the business, as this is good profit wise you are at a disadvantage on ideas for the business as its only your ideas and you are unable to compare.A partnership is two or more people, they are the owners of the business and you can also have sleeping partners also known as silent partners. These contribute to the business money wise but have no charge in the running of the business. If a partner is taken on you should gt a deed of partnership, this will save later argument's This deed of partnership shows who put how much money into the business showing how much they will receive out of the business.Once you have decided you can either use your own savings or get a bank loan to get products and gear for your business, depending on what your business is.Your first aim is just to survive the first year then then next couple of years you can try to get more profit and products etc.
What are the problems of setting up small scale business?
what are the problems of setting up small scale business what are the problems of setting up small scale business
Project on problems of setting up and running the business?
Problems Of setting Up and Running Business Units
What is the purpose of a business document?
To get something done in an business setting
Process of setting up a business enterprise?
When you are setting up a business you start by getting your business license. Next, you want to find a location and hire people. Once the doors are open, you are in business.
Three challenges when setting up business explain why they are challenges?
Identify at least three challenges when setting up a business. Explain why they are challenges.
What is important when setting up a new business?
When setting up a new business, it is important to have a good location where persons will frequent. A good business plan, and marketing strategy are also important.
What are the problems faced in setting up the business?
Money is the main problem for a business.
The advantage and disadvantage of conducting research in naturalistic setting?
where do i go to get more information on this
