Start Up Business Questions 1

Business & Finance
Tutor: None Selected Time limit: 1 Day

What are the most important factors to consider before choosing the form of a start-up? (Share issuance, tax, liability, control, admin. duty, raising money)

Oct 3rd, 2015

Thank you for the opportunity to help you with your question!

Starting a business is usually not very hard to anyone but maintaining it such that it can make constant flow of income is the hardest thing. Before choosing the form of a start-up, one of the main important things to consider is the tax obligations.  This is so because each form of business has its own tax obligation in any country since there are different tax structures for different forms of businesses. Another important issue to consider is owner’s liability. It is very important to ensure that the liability of the business is as limited as possible in order for the owner to avoid unnecessary liabilities. Moreover, the ease of use of the organization is quite important. There is no need to start a business which you will not be involved in as this will be a clear recipe for failure. Another very important aspect to consider is the opportunity of the business to grow. One should consider the changing environment and start a business which will be flexible enough in order to overcome the challenges. 

Please let me know if you need any clarification. I'm always happy to answer your questions.
Oct 4th, 2015

Studypool's Notebank makes it easy to buy and sell old notes, study guides, reviews, etc.
Click to visit
The Notebank
...
Oct 3rd, 2015
...
Oct 3rd, 2015
Dec 9th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer