You are starting you your own business; discuss the pros and cons of how you would establish your business. For example, would you incorporate?

Q: If you were to open a small business, such as a local landscaping business, what form of ownership…

A: Common type of business ownership present for the business are - Sole proprietorship - It is the…

Q: In evaluating whether or not to buy a franchise operation, the potential investor should as a series…

A: The questions potential investor ask about the franchisor, the franchise, the market, and the…

Q: Now that you have identified a problem, provided a business idea to solve the problem and also…

A: It is important for companies to measure their own environmental impact, also referred to as…

Q: What activities does a person need to do to be considered an entrepreneur?

A: An entrepreneur can be portrayed as "one who makes another business despite hazard and vulnerability…

Q: Why do you think you can be an entrepreneur?

A: Becoming an entrepreneur is a journey that requires a unique set of qualities, skills, and…

Q: What pros and cons did you learn about one business type (Choose from: Sole Proprietorships,…

A: A sole proprietorship is a business managed by a single-member that’s never incorporated with a…

Q: What makes franchising different from other forms of business? Be specific. Identify and describe…

A: Franchising is a business arrangement where a franchisor grants the rights to another party, the…