Forms of Business Ownership

Jul 8th, 2015
Studypool Tutor
Truman State University
Course: general
Price: $20 USD

Tutor description

SOLE PARTNERSHIP -Low start up costs -Keep all profits -Direct control over decisions -Cannot be absent from business -Hard to raise to expand -Personally responsible for all debt -Responsible for all supervision and problem solving PARTNERSHIP -Another person to bounce ideas off of -More sources to expand

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Forms of Business OwnershipJuly 2, 2014Alyssia RamosOWNERSHIPADVANTAGESDISADVANTAGESSOLE PARTNERSHIP-Low start up costs-Keep all profits-Direct control over decisions-Cannot be absent from business-Hard to raise to expand-Personally responsible for all debt-Responsible for all supervi

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