buissness

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  • sole proprietorship
  •  one of the advantages is i get all the profit but one of the disadvantages is it was difficult to get the money to start it
  • partnership
  •  one advantage is it was alot easier to get money to start it but a disadvantage is you need agreement between both people which was difficult for us
  • franchise
  •  one of the advantages is it is easy to start but im limited in what i can sell
  • corporation
  •  one disadvantage is that it was hard to start and one advantage is there is a limited liability meaning stockholders only loose what they put in to our company
  • profit making business
  • one advantage is im making a pretty good amount of money one disadvantage is i have to produce and distribute goods
  • non profit making business
  • one advantage is we benefit people but a disadvantage is we dont make a huge profit like other companies do.
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