Forms of business - sole proprietorship and partnership

Assignment Help HR Management
Reference no: EM131017338

There are seven forms of business: sole proprietorship, partnership, limited liability partnership, limited liability company (including the single member LLC), S Corporation, Franchise, and Corporation.

1. Use this worksheet for this assignment and select two forms of business.

2. Research and provide three advantages and three disadvantages for one of the two business forms and list the advantages and disadvantages of the one business form next to the numbers below.

3. Provide a 100- to 300-word summary in which you provide an example business and discuss the two business forms you selected. Within your summary of a proposed business, discuss the advantages and the disadvantages of the two business forms (comparing and contrasting) and also include any potential legal forms that might be required for the business forms.

Reference no: EM131017338

Questions Cloud

What are the key benefits of tivo to users : What is Tivo, and how does it fit into someone's living room? (For additional info: If you haven't seen Tivo in action, try finding a friend that has.) What constitutes Tivo's technology? What has been the history of Tivo's subscriber growth? Reve..
Corporate culture governance : Desjardins:  Business ethics     Chapter Four, "Corporate Culture, Governance, and Ethical Leadership," pp. 232-259.
How seriously would the canadian economy and society be hurt : If the auto industry were to leave Canada, how seriously would the Canadian economy and society be hurt? Evaluate the impact of the globalization threat on the CAW's bargaining power.
Plot a graph to show the indifference curve : With a utility function of U(S,A)= S0.4 x A0.6, derive a set of data points for U=1 and then plot a graph to show this indifference curve. Hint: use maximum values of 9 apples (A) and 27 sandwiches (S).
Forms of business - sole proprietorship and partnership : There are seven forms of business: sole proprietorship, partnership, limited liability partnership, limited liability company (including the single member LLC), S Corporation, Franchise, and Corporation
Transport add value in the supply chain : Transport in Supply Chains Note:Please mention the chapter before your response/comments. Question: In your view does transport add value in the supply chain?
What is the minimum total time : The anticipated time required for each auditor on each job is given in the table below. Use the Hungarian method to determine which auditor should be assigned to which job. You wish to minimize the total time required. What is the minimum total t..
Explain any legal issues regarding the selected clause : LTC has the right to ownership of any and all IP created and modified while working/employed with our Company LTC (Learning Team C) is in its whole entirely. Explain any legal issues regarding the selected clause
Does it matter if these price increases are demand induced : In the 1970s Congress imposed an "excess profits tax" on these companies. It did not do so this time? What does this change show about how our understanding of the way the price system works to allocate resources has evolved? If "excess profits" a..

Reviews

Write a Review

HR Management Questions & Answers

  Improve problem solving capabilities within organization

Types of teams as to their effectiveness that will improve problem solving capabilities within organizations.

  Influence tactics help in reducing organizations politics

Explain the different types of influence tactics that will be of a help “if adopted” in reducing the organizational politics.

  Report on citigroup''s hr service level agreement

Human Resources or Human Resource Management deals with HR Service Level Agreement. HR Service Level Agreement is an agreement made between the employer and the employee, which states that the employee would work under any client and sometimes any ti..

  A project report on hrm

Human Resource Management as the name suggests, it is a management discipline which deals with the human i.e. the workforce aspect of organizations. Need and practices of HRM are inevitable in present scenario of extreme competition where "Talent War..

  Hrp: recruitment and selection

Recruitment and Selection is the initial ladder of any Human Resource Planning process and contains an immense significance for any organisation.

  A project report on study of statutory complainces

Statutory compliance and its immense knowledge are crucial to be understood in an organization. It contains all the forms, procedures and acts applicable in a company.

  Operant conditioning and Reinforcement

Operant conditioning is a learning process where behaviour is controlled by its consequences. In this process an individual's behaviour can be modified through the use of positive or negative reinforcement.

  Effectiveness of training programs in achieving customers an

The main motive for conducting this research is to provide broad range of research of the literature and their reviews related to training and development and assisting the employees in providing customers satisfaction.

  A critical analysis of hr processes and practices in fedex c

FedEx is illustrious for its novel HR processes and practices that have greatly accounted for its success.

  Integrating culture and diversity in decision making

People in the organization are known as Google where they share common goals and have common vision.

  Impact of employee attrition on people management in organis

Talent management implies recognizing a person's inherent skills, traits, personality and offering him a matching job.

  Labour dissonance at maruti suzuki india limited: a case stu

This Case Study focuses on various issues related to Labour Unrest at Maruti Suzuki India Limited.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd