Role of different forms of small businesses

Role of different forms of small businesses

Introduction

Major forms of conducting businesses consist of 3 types. They include Sole Proprietorship, Partnership and Corporation. Each type of business has its own pros and cons. All three cannot be applied to one organization since it would represent chaos within the organization. We would discuss the three forms of organization and their selection based on the pros and cons they bring to the nature of the business.

Retail Electronics

Retail Electronics should focus on implementing a system of corporation as a system of corporation would align to a ...