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  • Yes, Work

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    Jayle Dyson kho
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    The document discusses the pros and cons of sole proprietorships versus partnerships. For a sole proprietorship, the owner has full control but also bears all the risks alone if sick. A partnership allows sharing of responsibilities so the business can continue operating even if one partner is sick, but profits must be shared. The document concludes by giving an example of how food stands and a bakery in one area work together to attract more customers by offering complementary goods and services.

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    The document discusses the pros and cons of sole proprietorships versus partnerships. For a sole proprietorship, the owner has full control but also bears all the risks alone if sick. A partnership allows sharing of responsibilities so the business can continue operating even if one partner is sick, but profits must be shared. The document concludes by giving an example of how food stands and a bakery in one area work together to attract more customers by offering complementary goods and services.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    7 views1 page

    Yes, Work

    Uploaded by

    Jayle Dyson kho
    The document discusses the pros and cons of sole proprietorships versus partnerships. For a sole proprietorship, the owner has full control but also bears all the risks alone if sick. A partnership allows sharing of responsibilities so the business can continue operating even if one partner is sick, but profits must be shared. The document concludes by giving an example of how food stands and a bakery in one area work together to attract more customers by offering complementary goods and services.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    1.

    The owner can have more profit so the money the owner earned will go to the owner’s
    bank account if the owner is a sole trader and the owner can have full control in their
    company.
    2. The owner has less ideas so the owner can’t promote as good as the partnership
    companies and if the owner were sick, they are forced to close their company
    temporarily.
    3. The local bakso stand has only one person running it and the place is not that good
    since the owner is the only one managing the place.
    4. Being in a partnership means that the other partner can take control when one of them
    gets sick meaning that they don’t require to close their work temporarily.The partner
    probably has a lot of expertises so that they can get very good results.
    5. The limitations are that you have to share the profit meaning less profit for you since you
    all worked together.The decisions take time since not everyone will agree with one idea
    and instead will object with their own.
    6. There is a bakery and an area filled with food stands in one place which means that they
    are working together to attract customers since they also sell drinks.People will want to
    stop and get drinks or bread and might even feel hungry after seeing the food stands
    making them buy the food.

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