Forms of Business Organization

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Students must determine the best form of business organization for the given scenario.

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business organization and environment

Edad recomendada: 17 años

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Steven Duffrin

Estados Unidos

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Forms of Business OrganizationVersión en línea Students must determine the best form of business organization for the given scenario. por Steven Duffrin 1 Ashley and Samantha want to start a moving company but are concerned about the start-up expenses. Each owns her own home and has a family; they do not wish to put personal assets at risk. Which type of business organization is best for Ashley and Samantha? a Sole Proprietorship b Partnership c Limited Liability Company d Corporation 2 Christopher has an idea for a new deli, but lacks management expertise. He is excellent at creating tasty sandwiches and presenting them attractively. He wishes to minimize startup costs but realizes he lacks the minimum funding necessary, even with a bank loan. What type of business organization is best for Christopher? a Sole Proprietorship b Partnership c Limited Liability Company d Corporation 3 Jessica and Joshua own a thriving, independent movie theater. Sales are up because they offer a unique experience and people love to work there too. They wish to expand into multiple theaters but the costs are prohibitive. What type of business organization is best for Jessica and Joshua? a Sole Proprietorship b Partnership c Limited Liability Company d Corporation 4 Ryan wishes to open a game and card trading shop. He rents his home but the bank granted him a large enough business loan to obtain the location and products necessary. He intends to run the shop himself, from managing finances to ordering, working with customers and keeping the shop neat and orderly. He hopes he will earn enough to purchase his own home and be his own boss. Which type of business organization is best for Ryan? a Sole Proprietorship b Partnership c Limited Liability Company d Corporation

Forms of Business OrganizationVersión en línea

Students must determine the best form of business organization for the given scenario.

por Steven Duffrin

Ashley and Samantha want to start a moving company but are concerned about the start-up expenses. Each owns her own home and has a family; they do not wish to put personal assets at risk. Which type of business organization is best for Ashley and Samantha?

Sole Proprietorship

Partnership

Limited Liability Company

Corporation

Christopher has an idea for a new deli, but lacks management expertise. He is excellent at creating tasty sandwiches and presenting them attractively. He wishes to minimize startup costs but realizes he lacks the minimum funding necessary, even with a bank loan. What type of business organization is best for Christopher?

Sole Proprietorship

Partnership

Limited Liability Company

Corporation

Jessica and Joshua own a thriving, independent movie theater. Sales are up because they offer a unique experience and people love to work there too. They wish to expand into multiple theaters but the costs are prohibitive. What type of business organization is best for Jessica and Joshua?

Sole Proprietorship

Partnership

Limited Liability Company

Corporation

Ryan wishes to open a game and card trading shop. He rents his home but the bank granted him a large enough business loan to obtain the location and products necessary. He intends to run the shop himself, from managing finances to ordering, working with customers and keeping the shop neat and orderly. He hopes he will earn enough to purchase his own home and be his own boss. Which type of business organization is best for Ryan?

Sole Proprietorship

Partnership

Limited Liability Company

Corporation

Forms of Business Organization

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Forms of Business Organization

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Forms of Business OrganizationVersión en línea

por Steven Duffrin

Ashley and Samantha want to start a moving company but are concerned about the start-up expenses. Each owns her own home and has a family; they do not wish to put personal assets at risk. Which type of business organization is best for Ashley and Samantha?

Jessica and Joshua own a thriving, independent movie theater. Sales are up because they offer a unique experience and people love to work there too. They wish to expand into multiple theaters but the costs are prohibitive. What type of business organization is best for Jessica and Joshua?