The Pros And Cons Of Shania
Shania is looking to open a coffee shop in the state of Colorado. She is having trouble making the decision on what business form to choose. Shania has had an offer from a large franchise, but she is contemplating on becoming a sole proprietorship or even a partnership instead. Each business form has certain pros and cons, Shania will have to consider each one before many any large business decision.
The first business type most commonly considered is the option to become a sole proprietorship. Burke (1987) mentions “A sole proprietorship is the most common form of business ownership. In fact, it is probably the one most doctors start out with. By definition, it is an unincorporated business owned by a single individual. Thus, a sole proprietorship
The first business type most commonly considered is the option to become a sole proprietorship. Burke (1987) mentions “A sole proprietorship is the most common form of business ownership. In fact, it is probably the one most doctors start out with. By definition, it is an unincorporated business owned by a single individual. Thus, a sole proprietorship