Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. your friend alisha is planning to open a restauran

Your friend Alisha is planning to open a restaurant. She is confused and asks your...

70.2K

Verified Solution

Question

Accounting

image
Your friend Alisha is planning to open a restaurant. She is confused and asks your advice. Alisha plans to involve her sister, Roopali, as a manager/partner/shareholder. Alisha does not know whether she should trade as a sole trader, partner or establish a Pty Ltd company. Compare and contrast the following business structures: sole trader, partnership and company. Explain why the company may be the preferred option

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Biology
1.2K views

Your response to the question should be long enough to address the question but limited to...

Physics
1.2K views

A circular wire loop of radius 1.4 cm is placed in a magnetic field of magnitude...

Mechanical Engineering
1.2K views

6. Describe the differences between Grashof and Rayleigh numbers 7. For free-convection problems, describe how the momentum...

Advance Math
1.2K views

(62). (Transient Behavior of a Mixing tank): A tank initially holds 80 gal of a brine...

Finance
1.2K views

Chris Company uses the perpetual inventory system and had the following activity during the current monthly...

Basic Math
1.2K views

Rewrite this number in appropriate scientific notation 905

Basic Math
1.2K views

Commute times in the U.S. are heavily skewed to the right. We select a random...

Algebra
1.2K views

Use the graph to determine a solution of the equation Use synthetic division to verify...

Accounting
1.2K views

ssb receives a purchase order for the following materials from world wide skateboard distributors .we...

Accounting
1.2K views

Change the Bounds Axis Options for the new chart as follows: Change the Minimum Bounds...

Accounting
1.2K views

The senior management team of your firm is investigating the financial implications of a change...

Finance
1.2K views

5 part question. please explain in detail. Lottery Your dreams...