Question
1. There are several advantages to being a Sole Proprietorship. If you ran a Sole Proprietorship what advantage would you consider to be the most
1. There are several advantages to being a Sole Proprietorship. If you ran a Sole Proprietorship what advantage would you consider to be the most important and why?
2. What are to two main ways to raise capital for your business that will not jeopardize your status as being a Sole Proprietorship?
3. Liability for the owner of a Sole Proprietorship is a major issue. What is a way for a Owner to protect themselves while not risking their status as a Sole Proprietorship?
4. Franchising is a wonderful way to grow market share in a region or to spread a business geographically. Select your favorite franchise and and explain to me why the franchising model has allowed this business to grow.
5. Franchising is not always sunshine and rainbows though. Select your least favorite franchise and explain to me how the franchising model is inhibiting this business.
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