You and two friends have identified a gap in the market in your hometown for work-from-home business clothing. This clothing is functional, comfortable and looks smart in online conferences and meetings. You decide to start a new business designing and manufacturing the clothing. Identify and explain the legal form of ownership you believe would be best for your business. Justify your choice.
You and two friends have identified a gap in the market in your hometown for work-from-home business clothing. This clothing is functional, comfortable and looks smart in online conferences and meetings. You decide to start a new business designing and manufacturing the clothing. Identify and explain the legal form of ownership you believe would be best for your business. Justify your choice.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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You and two friends have identified a gap in the market in your hometown for work-from-home
business clothing. This clothing is functional, comfortable and looks smart in online conferences and
meetings. You decide to start a new business designing and manufacturing the clothing.
Identify and explain the legal form of ownership you believe would be best for your
business. Justify your choice.
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