What are the primary advantages to choosing a sole proprietorship?

Answers

Answer 1

The primary advantages to choosing a sole proprietorship is that there is no separate legal entity from the ownership.

What is sole proprietorship?

Asole proprietorship serves as a type of business which is been owned and controlled by single entity, in this type of business, there is no partnership.

In this type of business, the ownership is the same with the legal identity.

Learn more about sole proprietorship at;

https://brainly.com/question/4442710

#SPJ1


Related Questions

Based on the Americans with Disabilities Act, organizations may be deemed discriminatory to those with disabilities if they​

Answers

According to the Americans with Disabilities Act organizations may be deemed discriminatory to those with disabilities if they​ are biased with employment.

What are the Americans with Disabilities Act?

ADA for short is an act that protects the rights of persons living with disability in America, especially in Transportation, communication, employment, and access to government services.

The purpose of this act is to make everyone inclusive in all areas of society.

Learn more about the Americans with Disabilities Act here:

https://brainly.com/question/23548316

#SPJ1

Please identify a firm using the various variables used in SCM and OHS&S as per legal requirements.​

Answers

Canadian Tire Corporation is an example of Canadian firm involved in global operations and SCM.

How the company makes use of SCM and OHS

The company makes use of occupational safety and health and also supply chain management to ensure that the key operations in the firm are being carried out.

The company has over 1700 stores in the Canadian nation. They have workers that are about 100000. This form is one of the biggest retail shops in the nation.

Read more on supply Chain management here:

https://brainly.com/question/25160870

#SPJ1

ARTICLES OF ASSOCIATION​

Answers

Answer:

Articles of association form a document that specifies the regulations for a company's operations and defines the company's purpose. The document lays out how tasks are to be accomplished within the organization, including the process for appointing directors and the handling of financial records.

If you had to formulate some goals for cash buil,what would they be

Answers

Answer:

I would want them to be a reasonable price. I would also want them to be a reasonable goal.

Explanation:

I would want them to be a reasonable or average goal.


Several coworkers of yours at the local swimming pool have been taking snacks from the snack bar without paying. This is an example of:
O property deviance.
O production deviance.
O personal aggression.
O political deviance

Answers

This is an example of property deviance. Thus the correct option is (B).

What is production deviance?

Production deviance is conduct that formally transgresses the established organizational standards on the minimal standard of quantity and quality of work that must be completed in order to perform one's duties.

The coworkers are wasting the resources of the company and as well as polluting the swimming pool by eating snacks. This is an appropriate example of property deviance.

Thus the correct option is (B).

Learn more about production deviance here:

https://brainly.com/question/14834521

#SPJ1


Customers who purchase an item on account usually do so with a

Answers

Customers who purchase an item on account usually do so with a credit or debit card or a financial program.

What is a credit card?

A credit card is a payment card that allows the cardholder to borrow money up to a certain limit in order to make purchases or withdraw cash. The borrower is then required to pay back the borrowed amount, along with interest, at a later date. Credit cards also typically offer rewards or cash back for purchases made with the card.

Therefore, a customer who purchased an item on account usually do so with a credit, or debit card or any other financial program.

learn more about purchase: https://brainly.com/question/27975123

#SPJ1

You have been asked to study the effects of an employee-wide training program, in a company of 500 employees, designed to reduce the amount of customer complaints. Describe how you would carry out the study, including the variable or variables you would collect, how you would measure those variables, and what would indicate success.

Answers

The effects of an employee-wide training program,  will be done to improve the employee performance via good training programs.

What is the research about?

The research method will be a qualitative research. In the work, we are going to analyze and understand and see the theoretical aspect and models linked to employee development via training and development programs, and the influence on employee performance.

The study  will give a background about good training effectiveness and how it leads to boasting the employee performance as well as others.

Learn more about  training program from

https://brainly.com/question/3524635

#SPJ1

Whats is the purpose of strikerbreakers ?

Answers

Strikebreakers are workers who choose to continue working during a strike.

-transposition
-reversal of entries
-original entry
-omission

•Ethan records $1,000 as a rent expense; however, the actual rent paid was
$1,500.
•Ethan records stationery expenses as $251, but it should have been $215.
•Ethan records salaries of $5,000 as credits instead of debits.
•Ethan made a subtraction error while analyzing the profit on the sale of an
asset.
•Ethan completely overlooked stationery expenses of $115.
calculation
1000
Match each definition to each example.

Answers

Accounting error are errors committed in accounting, which are not intentional.

What is accounting error?

These are unintentional errors committed in accounting, which are often corrected when spotted.

Matching each definition to each example is shown below:

Ethan records $1,000 as a rent expense; however, the actual rent paid was $1,500  Original entryEthan records stationery expenses as $251, but it should have been $215    TranspositionEthan records salaries of $5,000 as credits instead of debits. Reversal of entriesEthan made a subtraction error while analyzing the profit on the sale of an asset.  CalculationEthan completely overlooked stationery expenses of $115.  Omission

Learn more about accounting errors here : https://brainly.com/question/25671660

#SPJ1

Match the given scenarios to the different phases in business cycle.
-Onyx Corp. has decided
to make long term
investments

-The economy of the country
has recorded its highest
employment rate

-Jewel Inc. has decided
to lay off some of its
employees

-Jones family's purchasing
power is higher than ever

-Onyx Corp. is hiring
workers for its factory

-Jewels Inc.'s sales
have dipped

expansion phase
peak phase
recession phase

Answers

The business cycle is classified into the birth phase, expansion phase, peak phase and recession phase.

What is a business cycle?

This is an economic cycle that consist of recession, recovery, growth, and decline of a firm or a country economy.

The stage where Onyx Corp. has decided to make long term investments is the expansion phase.

The stage where the economy of the country has recorded its highest employment rate is the peak phase.

The stage where Jewel Inc. has decided to lay off some of its employees is the recession phase.

The stage where Jones family's purchasing power is higher than ever is the peak phase.

The stage where Onyx Corp. is hiring workers for its factory is the expansion phase.

The stage where Jewels Inc.'s sales have dipped is the recession phase.

Read more about business cycle

brainly.com/question/3440233

#SPJ1

1. What industry forces might cause a propitious niche to disappear?

Answers

If the market contracts, due to internal or external factors, then the demand for the goods and services that the firm sells will fall and thus, a propitious niche will disappear. and, if the market expands, and the company fails to meet the increased demand, then also the propitious niche will vanish.

A key difference between an IRA and keogh plan is:
a) you may withdraw your money early from a keogh plan without penalty, but not from an IRA
b) you may contribute more to a keogh plan than to an IRA
c) self-employed individuals may open an IRA, but not a keogh ​

Answers

A key difference between an IRA and a Keogh plan is you may contribute more to a Keogh account than to an IRA.

What is a Keogh account?

An account, the facility of which is granted to self-employed professionals who are involved in sole proprietorship and partnership businesses for the purpose of retirement plans and benefits is known as a Keogh Account.

An IRA, on the other hand, is a facility provided to employed individuals or professionals for the better management of their retirement plans and benefits.

Hence, option B holds true regarding a Keogh Account.

Learn more about a Keogh Account here:

https://brainly.com/question/9683408

#SPJ1

Questions:
1. What can be done to encourage the sales force to engage in more cross-selling?
2.
Does the current FAM trip program serve as a motivational tool for the sales force? Justify your
response.
3. Discuss what is needed in terms of sales incentives and sales controls to achieve the objectives
of International Travel Agency

Answers

1. To encourage the sales force to engage in more cross-selling:

Give salespeople more attractive and rewarding incentives.Offer loyalty perks to customers.Identify the specific products for cross-selling.

2. We can conclude that the current FAM trip program serves as a motivational tool for the sales force because a Familiarization trip gives the salespeople firsthand experience.

3. For the sales incentives and sales controls to achieve the objectives of the International Travel Agency, they must:

Be easy to operate and maintainUser-friendly for the sales and finance teamsProvide reasonable ROI measurement tools.

What is cross-selling?

Cross-selling is the marketing practice that encourages salespeople to market additional or related products or services to existing customers who are currently making some purchases.

Some of the advantages of cross-selling include:

Boosting sales revenueIncreasing customer satisfactionBuilding customer engagementCreating solid and lasting customer relationships.

Thus, to encourage the sales force to engage in more cross-selling, offer:

Salespeople - more incentivesCustomers - loyalty perkEnsure the customers are not confused.

Learn more about cross-selling at https://brainly.com/question/4978438

#SPJ1

Why can a credit union lend money to members at reduced rate

Answers

Answer:

Credit unions are able to offer lower rates compared to traditional banks because of their business structure. Most banks are for-profit companies, meaning they reinvest their income to earn more profit or they pay it out to shareholders. Banks are also subject to federal and state income taxes.

A skilled nursing facility chain is considering building a new facility on a piece of property that it currently owns. The property was purchased five years ago for $250,000 and could be sold now at a current market value of $100,000. When estimating the cash flows for the new facility, what amount should be included to recognize the opportunity cost of using the land for the proposed project?

Can someone explain why it is -$100,000 vs $-150,000

Answers

Based on the value of the land, the recognized opportunity cost for the project is -$100,000.

What is the opportunity cost of the land?

When a new project is about to be embarked on, the relevant value of the resources to be used is the current value of the resource.

In this case, the current value of the land is $100,000 which will therefore be recorded as the opportunity cost. The reason it is negative is that it represents a loss on the original purchase.

Find out more on opportunity cost at https://brainly.com/question/1549591.

#SPJ1

Select the correct text in the passage.
Which sentence identifies business-to-business advertising?
A company that makes CCTV cameras wants to enter new and existing markets. It has set up a strategy of aggressive marketing by active programs and expanding market
size. It adopted a price skimming method wherein it reduced the prices of cameras compared to rivals with a promise of equal quality. It recently sponsored a famous
award show to secure consumer reach. It also won a contract with a security solution agency, which saw the company advertise discounts on CCTV cameras in a trade
journal. It differentiated its product from its rivals with its compact size. It also advertised its product on TV commercials and highway billboards, thus increasing
frequency of reach.
Reset
Next

Answers

Answer:

It adopted a price skimming method wherein it reduced the prices of cameras compared to rivals with a promise of equal quality.

Explanation:

A company that makes CCTV cameras wants to enter new and existing markets. It has set up a strategy of aggressive marketing by active programs and expanding market

size. It adopted a price skimming method wherein it reduced the prices of cameras compared to rivals with a promise of equal quality. It recently sponsored a famous

award show to secure consumer reach. It also won a contract with a security solution agency, which saw the company advertise discounts on CCTV cameras in a trade

journal. It differentiated its product from its rivals with its compact size. It also advertised its product on TV commercials and highway billboards, thus increasing

frequency of reach.

Answer: it also won a contract with a security solution agency, which saw the company advertised discounts on CCTV cameras in a trade journal.

Explanation: edmentum

can u solve this plsss​

Answers

The main reason why the Japanese liberalized the bank mergers in Japan was to protect the economy and prevent an economic crash.

What is Financial Liberalization?

This refers to the removal of regulatory control in the financial sector to promote economic growth.

The government of Japan faced an economic crash that threatened to cripple the economy due to stock market crash, failing banks, etc and there was the use of risk-based capital to try and prevent this, amongst other solutions.

Hence, we can see that the key aspects of the liberalization program were:

MergersAcquisitions.

The key criticism of the program is that it failed to address the scale of the problem and the solution was only short-term.

Read more about financial liberalization here:

https://brainly.com/question/26948358

#SPJ1

Other Questions
A. Masculin ou feminine au pluriel?Modle: les hommes sont importants. Les femmes sont Les femmes sont importantes2. Les stylos sont bleus. Les portes sont 3. Les garons sont jeunes. Les filles sont 4. Bob et John sont anglais. Sue et Milly sont 5. Marie et Jeanne sont franaises. Pierre et Jean sont 6. Les livres sont formidables. Les voitures sont what is chemistry please help ASAP Why is this discovery important to evolutionary biologists? Explain five ways HIV can change your life Hello people ~A current passes through a resistor. If K and K represent the average kinetic energy of the conduction electrons and the metal ions respectively then(a) K < K(b) K = K(c) K> K(d) any of these three may occur what is happening at the end of chapter 9 between the golden one and equality?the article is anthem, by- Ayn Rand Look at the images and note which body part the arrow is pointing to. Then match the image with the correct form of the adjective. Please help 5. Sabrina put $3,000 into a Money Market (high-yield savings)account with an interest rate of 2.6% compounded quarterly.a. Write an equation to model the amount in the account overtime.b. Assuming no deposits or withdrawals are made, how muchmoney would be in the account after 15 years? Show yourcalculation.c. How would this problem be different if it was compounded"continuously" instead? Calculate the amount after 15 years.d. Name 2 or more other situations (other than a savingsaccount) where you might encounter compound interest later inyour life. Type a complete sentence using the words below. Follow the model.Claudia / doler / el pechoA Claudia le duele el pecho.Model:Ellos / doler / las piernas Plants growing in the dark start to fall over because they can no longersupport their own weight. Students want to find out why this is happening.Which of these is a good hypothesis for an investigation of the problem?OA. The plants need to absorb glucose from the soil so they can havemore energy.OB. The plants should start using protein in order to support theirbodies.OC. The plants need sunlight so they can produce more cellulose forsupport.OD. The plants need more water in order to keep their cellulose frombreaking down. deserts savannas and taigas are all examples of what biome. Answer quickly please After the Cuban missile crisis US foreign-policy in Latin America change from one of? Gene therapy is the ___________ of working _______________ of a _______________ into the ____________ of a ______________ with a genetic ______________ in an attempt to _______________ the disorder.GeneExtractionCorrectPersonInsertionCellsDisorderCopies Selma's house is 1,450 cm long. How many meterslong is Selma's house? Question 1 of 10What is the wavelength of a wave with a frequency of 262 Hz and a speed of343 m/s?O A. 1.3 mOB. 89,866 mO C. 1.11 x 10-5 mO D. 0.76 mSUBMIT Hope u all know articalsSo my first question is Fill in the blanksIs ur mother working in ______ old building -6x +10 is to be written in the form (x-p) +g. Find the values of p and q. Which of the following could result in the extinction of a species? Which programming best practice does saving code snippets help you achieve?O using consistent indentation and formattingO documenting all changes and tracking revisionsO avoiding repetition of the same code in a programO avoiding having to re-create code that you or another programmer has already written