If you were to open a small business, such as a local landscaping business, what form of ownership would be most appropriate and why?
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If you were to open a small business, such as a local landscaping business, what form of ownership would be most appropriate and why?
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- If you were to start a business, what ownership form would you choose? Wjat factors might affect your choice?What are the advantages and disadvantages of becoming a franchisee? Should a person consideringgoing into business the first time consider a franchise? Discuss and consider legal aspects of it.What are the advantages and disadvantages of becoming a franchisee? Should a person consideringgoing into business the first time consider a franchise? Discuss.
- What are the advantages and disadvantages of becoming a franchisee? Should a person considering going into business the first time consider a franchise?If you are concerned about unlimited liability, what other types of ownership structures could you pursue for your small business?Which business vehicle(Company or partnership) you will adopt if you are to set up a business and give reasons to support your choice.
- List and describe some investment vehicles that a small business ownermight select.Identify the strengths and weaknesses of sole proprietorship, partnership, and corporation? What type of organization is suited for bakery shop? Explain why?In your words, explain special types of Business ownership. Also, explain when and why would you want to choose each one of them. In what situation you might want to change the ownership from one form to another? *Please type don't write
- Why are sellers willing to pay a commission to a broker to facilitate the sale of their property? Take one of the 6 fiduciary responsibilities (COALDS). Explain how a breach of this responsibility (the agent not following it) could harm the principal in a real estate transaction. Why would a buyer want to have a contract with a real estate brokerage? What benefits would there be? Find a local real estate agency/brokerage and explore their website. Explain one thing you found that relates to what we learned in Chapter 12. What are some of the elements of a listing agreement? Why are these included?What are the main benefits and drawbacks of renting a place of residence?What are some of the legal risks associated with organizing a business as a partnership? In your opinion, would you want to enter into a partnership? Under what circumstances? Explain.