Question
Llindiwe,Monica and Aneeka are doing their final year diploma in accounting. They wish to start a cafe bakery in Durban North. They have already found
Llindiwe,Monica and Aneeka are doing their final year diploma in accounting. They wish to start a cafe bakery in Durban North. They have already found a business premises to lease and the supplier of bakery equipment to be installed on the premises. They anticipant incurring significant liability in respect of rental deposit,equipment installation and advertising costs but hope to reduce these liabilities as the business becomes. Educate them on the different types of business entities that are operational in South Africa. Recommend a suitable form of business enterprise for carrying on the proposed business and motivate your recommendation .
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