advantages and disadvantages of organizing a business

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options for organizing a business? options for organizing a business? advantages and disadvantages of sole proprietorship advantages: ease and cost of formation, secrecy, distribution and use of profits, flexibility and control of business, government regulation, taxation, closing the business disadvantages: unlimited liability, limited source of funds, limited skills, lack of continuity, lack of qualified employees, taxation advantages and disadvantages of partnership advantages: ease of organization, availability of capital and credit, combined knowledge and skills, decision making, regulatory controls disadvantages: unlimited liability, business responsibility, life of the partnership, distribution of profits, limited source of funds. types of partnership: limited, general articles of partnership advantages of corporation: limited liability, ease of transfer of ownership, perpetual life, external sources of funds, expansion potential disadvantages of corporation: double taxation, forming a corporation, disclosure of information, employee-owner separation types of corporation: public, private characteristics: stocks (preferred/common), dividends, board of directors other types of ownership joint …
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dependence, costs, flexibility, focus, reputation disadvantages: high stress level, high failure rate: undercapitalization, managerial inexperience, inability to cope with growth. starting small business: the business plan, forms of business ownership, financial resources: equity financing/debt financing. who is social entrepreneur? who is microentrepreneur? definition of retailer? wholesaler? sharing economy? what are the international trade barriers economic: infrastructure, exchange rates legal: laws and regulations, tariffs and trade restrictions, exchange control, quota, embargo political: political sanctions, agreements between countries, relationships social and cultural: differences in language, taste, norms. technological: tech advancements ways to be involved in international business export and import licensing and franchising contract manufacturing outsourcing offshoring direct investments trading companies what is business? what is product? what is profit? who is stakeholder? what economic systems do you know? types of resources what is demand? what is supply? what is equilibrium? name 4 types of competition: what is economic expansion? what is …
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eory z? equity theory? expectancy theory? /docprops/thumbnail.jpeg
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options for organizing a business? options for organizing a business? advantages and disadvantages of sole proprietorship advantages: ease and cost of formation, secrecy, distribution and use of profits, flexibility and control of business, government regulation, taxation, closing the business disadvantages: unlimited liability, limited source of funds, limited skills, lack of continuity, lack of qualified employees, taxation advantages and disadvantages of partnership advantages: ease of organization, availability of capital and credit, combined knowledge and skills, decision making, regulatory controls disadvantages: unlimited liability, business responsibility, life of the partnership, distribution of profits, limited source of funds. types of partnership: limited, general articles of p...

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