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Business > Chapter 4 > Flashcards

Chapter 4 Flashcards

1
Q

Sole Proprietorships 4%

A

Only one owner
Most popular
Smallest sales revenue
(Ex.walmart JCPenney

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2
Q

Partnerships

A
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3
Q

Sole proprietorship Advantages

A

No taxes, owner keeps all, Free to set hours of operation, easy to start

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4
Q

Sole Proprietor disadvantages

A

Lack of continuity, lack of money ,difficult to hire employees

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5
Q
A
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Business (8 decks)

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