Question
Read the given below scenario and prepare interview questions you will need to ask Paddington in order to ensure that you can advise him on
Read the given below scenario and prepare interview questions you will need to ask Paddington in order to ensure that you can advise him on what is the best business structure for him. At the end of your questions decide on what would be the best business structure for Paddington.
Paddington Brown wants to set up a business.
He makes craft marmalade, jams and chutneys which he wants to sell online and in a store.
He has a friend Mr Gruber, who wants to invest in the business, and participate in the profits, but is not interested in doing any of the daily management or production work, however he still wants some say in the general direction the business goes in.
Paddington wants to be able to employ people and he will need to be able to access finance to expand out of his kitchen.
He wants advice on what is the best business structure for him.
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