|
|
Rules For Owning A Business |
|
From the Ground Up or Ready Made?
1. Creating a Business This is like building your own house rather than buying an existing one. Since you are starting from scratch you must organise everything. Usually this is a higher risk venture. 2. Acquiring an Existing Business This is often a safe venture, you can examine and evaluate it, as it has a past - clients, buildings, materials, equipment, staff, performance records etc. 3. Purchasing a Franchise This is buying an idea, an established product or service, with guaranteed customers and secure supply systems. However you must follow established guidelines and keep up a good image for the parent company. |
What legal structures can your business have?
 Back...
|
|
copyright © 1999 MJM |