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Types of ownership
Member rating: No Rating | Words: | Submitted: Thu Jul 11 2002
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Types of ownership My business will be a sole proprietorship because I will be in charge of the business but I would need to employ people to help me run the business. As I decide what happens to the profits I would pay for wages and then spend the rest on repairs and debts until I had paid off the necessary debts and loans. I have chosen a sole proprietorship because I get to be my own boss and if I am deciding what happens to the profit I know it will be spent in connection with the business .The disadvantages wont affect me because I have employed people t work for me therefore I wont have to work long hours .All skateparks around the uk are unincorporated because people ride skateparks at their own risk so if they injure themselves it is there own fault. The only way I could...
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