QuickHelper

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About QuickHelper

Levels Tought:
Elementary,High School,College,University,PHD

Expertise:
Accounting,Applied Sciences See all
Accounting,Applied Sciences,Business & Finance,Chemistry,Engineering,Health & Medical Hide all
Teaching Since: May 2017
Last Sign in: 262 Weeks Ago, 2 Days Ago
Questions Answered: 20103
Tutorials Posted: 20155

Education

  • MBA, PHD
    Phoniex
    Jul-2007 - Jun-2012

Experience

  • Corportae Manager
    ChevronTexaco Corporation
    Feb-2009 - Nov-2016

Category > Management Posted 05 Oct 2017 My Price 10.00

Learning Activity #1 Inez is a sole proprietor/owner of New Tech, a computer and IT consulting business

Learning Activity #1

Inez is a sole proprietor/owner of New Tech, a computer and IT consulting business.  Her clients are small to medium sized businesses, colleges, and individual home users.  Inez wants to expand her business, buy new equipment, and hire an employee.  She needs to obtain additional capital to expand New Tech, but she does not want to lose control of the business. Also, Inez has chosen not to take out any sort of loan or use a credit card to obtain additional capital to expand.

As a sole proprietor, what is her best option to obtain additional capital to expand and yet retain control of the business? Why? 

Learning Activity #2

Lana has started a computer accessory manufacturing and sales business.  She never planned to have a business, but had created a certain accessory that her friends thought was interesting, and she made these accessories for them.  Suddenly people were paying her, and then she started selling the accessories through a website.  She has never formed any type of business entity. 

Lana has now decided she wants to sell these accessories in Japan, and realizes she needs to formally adopt a specific business organizational form for the business.

Discuss a recommendation for an appropriate business organizational form for the business in the United States and for expanding the business in Japan.  Explain the rationale for the choice of organizational form for Lana’s business.

Answers

QuickHelper
(10)
Status NEW Posted 05 Oct 2017 02:10 PM My Price 10.00

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