2. Sole Proprietorship
Advantages Disadvantage
Inexpensive to start Liability
for
because one everything that
person involved in occurs in the
a business business
Don’t have to Have to pay more
share salaries. taxes
3. Partnership
Advantages Disadvantages
Most common Partners may not
business because it agree with each
is easier to other very often
maintain Death in partner
More ideas can be may lead to
created through business failure
partnerships
4. Corporation
Advantages Disadvantages
Make more money Difficult
to start
Limited Liability Expensive
Investors are willing
to invest in
corporations
5. Interpreting Results
The business organization that has the most
advantages is sole proprietorship.
Partnership had the most disadvantages
6. Drawing Conclusions
3. Entrepreneurs who select the organization
with most advantages will greatly benefit from
the advantages. These advantages may lead
to a greatly chance for a successful business.
4.The based on the results presented in the
presentation. The best organization for opening
an ice skate would be a partnership because
many idea can be generated from a
partnership.
