One disadvantage to having a formal business is the fact that you will have to pay taxes. Taxes on businesses are higher than taxes paid on personal income.
Any legal business is a formal organisation
The advantages and disadvantages of Aalaamal business across the internet
The disadvantages of writing a business plan is that it may skip some integral issues. A business plan is in theory which might be far from the reality or practical application.
there are no disadvantages :)
govt
A disadvantage of a business letter is that it will not have a personal touch. Another disadvantage of a business letter is that they are formal and never show any emotion.
advantages and disadvantages of using a formal feedback system?
what are the advantage and sisadvantage of formal organization
What are the advantages and disadvantages of informal organisation
disadvantage formal communicative network
what is a formal company
Any legal business is a formal organisation
disadvantages of networking
Disadvantages of formal (or functional) organization are:- No one has overall responsibility on a project- Employees have their time split between projects (thus no dedication to a certain project)
Business: business is conducted in a fairly formal manner and a smart appearance is important.
It should be formal. But what do I know :)
The advantages and disadvantages of Aalaamal business across the internet