Question
Steve's Skateboards and More, Inc. Once you walk into Steve's Skateboards and More, Inc., you feel like you're in a whole new world. Not only
Steve's Skateboards and More, Inc.
Once you walk into Steve's Skateboards and More, Inc., you feel like you're in a whole new world. Not only does the store offer skateboards and gear for sale, but there's also a ramp to try out the items before purchasing, a soda and snack bar in one corner, and clothes and accessories in another. One great thing about owning this business is that it has a small board of directors made up of a few successful businesspeople. So, whenever Steve has a question about improving sales or cutting costs, he can get top-notch advice. When it comes to paying taxes, though, the government takes a huge chunk of the profits, which sometimes makes Steve wonder whether he formed the right business form.
Business form:
Rationale:
Advantage:
Disadvantage:
Advantage:
Disadvantage:
Business type:
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