List several factors an entrepreneur should consider before choosing a form of ownership

List several factors an entrepreneur should consider before choosing a form of ownership

Answer questions below.  Copy each question and type your answers below it. Minimally, 2 paragraphs per question, 5-6 sentences per paragraph. Include content from the readings* and your own research. Use APA formatting for cover page and when citing.

List several factors an entrepreneur should consider before choosing a form of ownership?

Discuss the advantages and the disadvantages of franchising.

When evaluating an existing business that is for sale, what are several areas an entrepreneur should consider? Explain why.

*Readings:

·  From Wall Street to Franchise –    http://www.entrepreneur.com/article/217410

·  How to Succeed as a Franchisee – http://guides.wsj.com/small-business/franchising/how-to-succeed-as-a-franchisee/

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Factors an entrepreneur should consider before choosing a form of ownership?

            Before an entrepreneur can choose the form of business ownership that is suitable for him or her, there are various factors that are important and should be considered so that the right decision is made. The first factor is liability protection where the entrepreneur should determine if he is protected from various liabilities within the business. Limited liability is the best in this case. The other consideration is ease of formation. The entrepreneur should focus on the processes involved in various forms of ownership and determine which is not complex in nature (guides.wsj.com). The other factor is the ability……

APA

620 words

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