SELECTING A FORM OF BUSINESS
Background:
Ali Bush sees an opportunity to start
her own Web site development business.
Ali has just graduated from the
University of Mississippi with a master's
degree in computer science. Although she
has many job opportunities outside the Oxford area, she
wishes to remain there to care for her aging parents.
She already has most of the computer equipment necessary
to start the business, but she needs additional
software. She is considering the purchase of a server to
maintain Web sites for small businesses. Ali feels she has
the ability to take this start-up firm and create a long-term
career opportunity for herself and others. She knows she
can hire Ole Miss students to work on a part-time basis to
support her business. For now, as she starts the business,
she can work out of the extra bedroom of her apartment.
As the business grows, she'll hire the additional full- and/or
part-time help needed and reassess the location of the
business. Task:1. | Using what you've learned in this chapter, decide
which form of business ownership is most appropriate
for Ali. Use the tables provided to assist you in
evaluating the advantages and disadvantages of
each decision |
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