1. What are the main ways of entering a small enterprise and what are their advantages and disadvantages?
2. Discuss the financial implications of the various legal structures available to small enterprise.
3. Why might a potential small enterprise owner-manager consider franchising as an option for entering small enterprise? Also discuss the 3 main types of franchise options.
4. What are the main ways of leaving small enterprise and what are their financial implications?
5. Discuss the relative importance of agency theory and financial considerations in determining ownership structure.