Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: What were the advantages and disadvantages to Sonic of each form of business ownership?
A: The advantages and disadvantages of different forms of business ownership are very important factor and plays a major role in the success of the entrepreneur. [ There are various types of business ownerships and all of them have their own advantages as well as disadvantages. On Advantages and Disadvantages of Different Forms of Business Ownership The advantages and disadvantages of different
forms of business ownership are of immense importance when it comes to choosing any one of them. Some of the business ownership forms and their merits and demerits are the following: Advantages and Disadvantages of Initiating a Business There are several advantages and disadvantages of initiating a business. The owner retains complete control over the business procedures and is the sole authority of the business. The main disadvantage is that there are a lot of risks involved in these cases and the owner faces all these risks individually. Advantages and Disadvantages of Purchasing Established Companies The main plus point of buying an existing company is that the owners do not have to spend much money in laying the foundations for the new business. At the same time the basic infrastructure of the business is already there. On the other hand, if there is any problem with the workers, administration or with the products, the new owner of the business might have to face a hard time. Advantages and Disadvantages of Purchasing a Franchise The main advantage of buying a franchise is that the owner would have the assistance of a successful network. The necessary experience is also provided by the main company. To add to it, if the franchiser has a good reputation then the business would pick up as well. Lack of freedom is one of the major drawbacks of this form of business ownership. Advantages and Disadvantages of Network Sales Business The main advantage of a network sales business is that the owner can make substantial amount of profits without having to invest too much of capital. However the main disadvantage of this form of business ownership is related to the network itself. ]
Expert answered|mrwylie|Points 70|
Question
Asked 5/5/2012 1:29:43 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
25,771,618 questions answered
Popular Conversations
To derive energy from food, you must eat foods that contain ...
Weegy: To derive energy from food, you must eat foods that contain carbohydrates, proteins, and fats. User: Which of ...
6/16/2017 2:08:12 PM| 1 Answers
The evolution of agricultural practices ultimately led to the ...
Weegy: The evolution of agricultural practices ultimately led to the development of towns and cities.
6/23/2017 10:56:18 AM| 1 Answers
Earth’s lithosphere is composed of a. the crust only. b. the mantle ...
Weegy: The LITHOSPHERE is the part of the Earth composed of the crust and upper mantle.
6/25/2017 1:50:09 AM| 0 Answers
Radioactive isotopes are used to a. determine the absolute age of ...
Weegy: Radioactive isotopes are used to determine the absolute age of rocks.
6/25/2017 1:43:13 AM| 0 Answers
Magma that hardens vertically underneath the surface will form a ...
Weegy: Magma that hardens vertically underneath the surface will form a sill. FALSE.
6/25/2017 1:22:58 AM| 0 Answers
The ADA states that a service animal can be any animal that the ...
Weegy: The ADA states that a service animal can be any animal that the passenger deems a service animal and must be ...
6/25/2017 12:55:37 AM| 0 Answers
Waves that cause the most damage during an earthquake are waves.
Weegy: Waves that cause the most damage during an earthquake are surface waves.
6/25/2017 12:53:18 AM| 0 Answers
Which of the following would be considered a negative side effect of ...
Weegy: Threats of dangerous flooding would be considered a negative side effect of settling near a river bed.
6/23/2017 11:35:22 AM| 0 Answers
Most scientists and anthropologists agree that early humans first ...
Weegy: Most scientists and anthropologists agree that early humans first emerged in AFRICA.
6/23/2017 10:53:42 AM| 0 Answers
A paragraph that has its topic sentence first is _____. a rectangle ...
Weegy: A paragraph that has its topic sentence first is an inverted triangle.
6/23/2017 10:25:31 AM| 0 Answers
Desert plants are often widely spaced due to competition for ...
Weegy: Desert plants are often widely spaced due to competition for rainwater. TRUE.
6/23/2017 10:16:15 AM| 0 Answers
Weegy Stuff
S
L
Points 40 [Total 1381] Ratings 0 Comments 0 Invitations 4 Offline
S
Points 17 [Total 17] Ratings 0 Comments 7 Invitations 1 Offline
S
Points 10 [Total 10] Ratings 0 Comments 0 Invitations 1 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 4 [Total 4] Ratings 0 Comments 4 Invitations 0 Offline
S
R
Points 3 [Total 19] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 3 [Total 3] Ratings 0 Comments 3 Invitations 0 Offline
S
Points 2 [Total 2] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 2 [Total 72] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.