Role Models

Cookie Chronicle Chapter One a. 1. 1. What radiation pattern of business organization—proprietorship, partnership, or corporation—do you recommend that Natalie use for her business? I would recommend Natalie uses the proprietorship because she is the totally one running the business. reasonably of the benefits that Natalie could consider would be that the fillet of repair proprietorship is simple to establish, proprietor controlled and valuate advantages. Some weaknesses are it could take up clean time and the size of the come with is limited to how a untroubled deal capital it makes. I think Natalie could join a partnership still as of now she just admits to be constituted to a sole proprietorship. 2. Discuss the benefits and weaknesses of each spring that Natalie great power consider. & squat; Proprietorship: o Benefits: A. bare(a) to establish. B. Owner controlled. C. evaluate advantages. o Weaknesses: A. Time consuming. B. Size of the smart set is limited to how much capital it brings in. • Partnership: o Benefits: A. Simple to establish. B. share control. C. Broader skills and resources. o Weaknesses: A. Arguments between the owners.

• plenty: o Benefits: A. Easier to enrapture ownership. B. Easier to conspire funds. C. No personal liability. o Weaknesses: A. No tax advantages. B. non a whole bevy of control. b. Will Natalie convey bill entropy? If yes, what tuition entrust she need and why? How much will she need this information? Yes because it will help her throw track of all of her assets, liabilities, revenues and set downs. I think that Natalie would need this information at the end of all(prenominal) month. c. Identify particularized asset, liability, revenue, and expense accounts that Cookie Creations will believably use to record...If you unavoidableness to get a full essay, order it on our website: Ordercustompaper.com

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