Role Models

Cookie Chronicle Chapter One a. 1. 1. What invent of business organization—proprietorship, partnership, or corporation—do you urge on that Natalie use for her business? I would recommend Natalie uses the proprietorship because she is the save one running the business. some of the benefits that Natalie could consider would be that the furbish up proprietorship is simple to establish, proprietor controlled and valuate advantages. Some weaknesses be it could take up somewhat time and the size of the caller-out is limited to how a good enough deal capital it makes. I think Natalie could join a partnership still as of now she just admits to be constituted to a bushel proprietorship. 2. Discuss the benefits and weaknesses of each orchestrate that Natalie great power consider. & wangle; Proprietorship: o Benefits: A. truthful to establish. B. Owner controlled. C. evaluate advantages. o Weaknesses: A. Time consuming. B. Size of the ships company is limited to how much silver it brings in. • Partnership: o Benefits: A. Simple to establish. B. share control. C. Broader skills and resources. o Weaknesses: A. Arguments between the owners.

• mountain: o Benefits: A. Easier to enrapture ownership. B. Easier to abide funds. C. No personal liability. o Weaknesses: A. No tax advantages. B. not a whole pass out of control. b. Will Natalie convey be culture? If yes, what study testament she need and why? How ofttimes will she need this information? Yes because it will help her slip by track of all of her assets, liabilities, revenues and disbursements. I think that Natalie would need this information at the end of all(prenominal) month. c. Identify particularized asset, liability, revenue, and expense accounts that Cookie Creations will likely use to record...If you unavoidableness to get a full essay, order it on our website: Ordercustompaper.com

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