Activity 1 You are considering opening up your own consultancy agency. At this point in time it is only you and you are looking at the possibility of hiring a fellow colleague who is a specialist in his field. Please list the advantages and disadvantages of the following entities and also note any tax implications (if any). Advantages: (20) Sole Proprietorship Close Private Partnership Corporation Company 2

Activity 1 You are considering opening up your own consultancy agency. At this point in time it is only you and you are looking at the possibility of hiring a fellow colleague who is a specialist in his field. Please list the advantages and disadvantages of the following entities and also note any tax implications (if any). Advantages: (20) Sole Proprietorship Close Private Partnership Corporation Company 2

Management, Loose-Leaf Version

13th Edition

ISBN:9781305969308

Author:Richard L. Daft

Publisher:Richard L. Daft

Chapter6: Managing Start-Ups And New Ventures

Section: Chapter Questions

Problem 3OTJVC

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