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9 July, 08:36

If you were to start a business, which ownership form would you choose? What factors might affect your choice?

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  1. 9 July, 08:44
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    If I were to start a business, I will choose Sole Proprietorship.

    Explanation:

    Reasons why I will choose Sole Proprietorship

    * I will be the sole owner and responsible for my business.

    * All profits (and loss) will belong to me, means the more I work harder, the more return I (alone) will get.

    * I can make all the decisions by myself, without the interference of any other person.

    * I can expand my business as per my convenience and hard work, if I succeed I can eat all the fruits myself.

    * I can grow my business as much I want.

    * No one will be my boss, I will be setting my own working hours and work load etc.
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