MGTA01H3 Chapter Notes - Chapter 7: Sole Proprietorship, Limited Liability, General Partnership

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MGTA01H3 Full Course Notes
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In the scenario which describes you establishing your tutorial business, you began discussing the idea with your friends to see if they think its a good idea. Meet with former high school teacher test the waters on the price to charge. As you are doing this a to do list will emerge, list of resources and supplies you need to buy. Expoerts advice all would-be business owners to write a business plan . Business plan: written document that lays out, in black and white and in a structured fashion all of the things that you need to do, and have to happen if the business you are planning is to suceed. The road map that provides directions so a business can plan its future and helps it to avoid bumps in the road. Business plans written with 2 audiences in mind.

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