Business Venture Capital
Buying an existing business can be an excellent way to become a
business owner or to expand your present business. You can save time
and effort of building a customer and supplier base. You may also
avoid the trouble of locating equipment and hiring and training
employees. However, you should abide by the Latin slogan which
translates "Let the buyer beware." If you are not careful, acquiring
an existing business can lead to disaster. (Poznak, 1998)
Joe's Landscaping and Tree Trimming (Joe's) began as a small sole
proprietorship. In efforts to expand and become a company that
investors would be interested in, the company has ventured into new
commercial landscaping technological processes and restructured as a
Limited Liability Corporation. Joe's is being considered as a
potential business investment, however, after reviewing the
requirements of the legal due diligence process, it is my
recommendation that an investment is not made into Joe's.Creating a Business- Original Writing
For my GCSE business studies coursework I am going to create a
business. The name of my business will be “paradise palace” as I am
creating a beauty and tanning salon. There are two types of business
organisations that I could create they are sole trader and
partnership. The first type of business organisation tat I could
choose is sole trader. This is a person who trades by himself/herself
without the use of a company structure or partners and bears alone
full responsibility for the actions of the business. Also a Sole
proprietorship is a business, which legally has no separate existence
from its owner. Hence, the limitations of lia ...