ulenda is a much sought-after business consul take pride in growing her clientS' start-up pusinesses. A young couple approaches her for advice on how they ought to start and nurture their pusiness model. As you are also a fellow consultant in the same line of business, based on your pusiness entities knowledge, explain at least six (6) characteristics each of a "partnership" and 'private limited company" as well as three (3) advantages and three (3) disadvantages of setting up a "partnership" and “private limited company" option respectively. Defend your advice with an entity example of choice suitable to them.
ulenda is a much sought-after business consul take pride in growing her clientS' start-up pusinesses. A young couple approaches her for advice on how they ought to start and nurture their pusiness model. As you are also a fellow consultant in the same line of business, based on your pusiness entities knowledge, explain at least six (6) characteristics each of a "partnership" and 'private limited company" as well as three (3) advantages and three (3) disadvantages of setting up a "partnership" and “private limited company" option respectively. Defend your advice with an entity example of choice suitable to them.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:Glenda is a much sought-after business consultant and take pride in growing her clients' start-up
businesses. A young couple approaches her for advice on how they ought to start and nurture their
business model. As you are also a fellow consultant in the same line of business, based on your
business entities knowledge, explain at least six (6) characteristics each of a "partnership" and
"private limited company" as well as three (3) advantages and three (3) disadvantages of setting
up a “partnership" and "private limited company" option respectively. Defend your advice with
an entity example of choice suitable to them.
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