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This paper describes the pros and cons of different forms of business ownership: Sole proprietorship; Partnership; Incorporation; Specialized forms-co-ops and joint ventures; Franchising and Mergers and acquisition. The writer of this paper describes the preferred form of business ownership for his business idea. The writer explains the advantages and disadvantages of this form of business ownership and discusses how he will maximize the advantages and minimize the disadvantages. The writer gives the rationale for his decision.
From the Paper:"There are many different models for business ownership, each with its own benefits and challenges. I will explore the potential ownership strategy for JK and Associates by analyzing each model. Sole proprietorship. In a sole proprietorship, businesses are owned by a single individual, without incorporation. It is an easy and inexpensive way to create a business, because for less than one hundred dollars, you could be up and running and legally registered with the government, and will not be beholden to anyone's opinion but your own. The disadvantage of this model is that you have to rely on yourself alone to get things done,..."
Cite this Analytical Essay:
Business Ownership (2008, December 01) Retrieved October 05, 2022, from https://www.academon.com/analytical-essay/business-ownership-142542/
"Business Ownership" 01 December 2008. Web. 05 October. 2022. <https://www.academon.com/analytical-essay/business-ownership-142542/>