Partnership form of organization has advantages and disadvantages. Note that different types of partnerships have been developed...

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Partnership form of organization has advantages anddisadvantages. Note that different types of partnerships have beendeveloped to minimize some of these disadvantages. Alternatively,an individual or company can choose the proprietorship or corporateform of organization. Go to two local businesses that aredifferent, such as restaurant, a retailer, a construction company,a professional office (dentist, doctor, etc) and find the answersto the following questions; 1. What form of organization do you usein your business? 2. What do you believe are the two majoradvantages of this form of organization for your business? 3. Whatdo you believe are the two major disadvantages of this form oforganization for your business? 4. Do you believe that eventuallyyou may choose another form of organization? 5. Do you have someoneto help you form this organization, (attorney, accountant,relative, etc)?

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What form of organization do you use in your business I will use sole proprietorship Sole Proprietorship is a type of business which is owned by a single person and who has full control over the business 2 What do you believe are the two major advantages of this form of organization for See Answer

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Partnership form of organization has advantages anddisadvantages. Note that different types of partnerships have beendeveloped to minimize some of these disadvantages. Alternatively,an individual or company can choose the proprietorship or corporateform of organization. Go to two local businesses that aredifferent, such as restaurant, a retailer, a construction company,a professional office (dentist, doctor, etc) and find the answersto the following questions; 1. What form of organization do you usein your business? 2. What do you believe are the two majoradvantages of this form of organization for your business? 3. Whatdo you believe are the two major disadvantages of this form oforganization for your business? 4. Do you believe that eventuallyyou may choose another form of organization? 5. Do you have someoneto help you form this organization, (attorney, accountant,relative, etc)?