Influences in establishing an SME (factors influencing choice of the legal structure) Flashcards
1
Q
what are the factors influencing the choice of a legal structure?
A
- size
- ownership
- finance
2
Q
what is size
A
micro, small, medium and large
3
Q
ownership
A
partnership, sole trader, public or private company
4
Q
finance
A
refers to equity and debts
