Discuss two types of business structures that the owner of Xstore may wish to consider, exploring the advantages and disadvantages of each, in the context of the situation described in the question above.
The owner of Xstore is contemplating the way that the business is structured. At present the business is run as a Sole Trader. However, Xstore’s owner is determined to expand the business and is frustrated by her inability to access sufficient capital in order to fund this expansion. In order to raise additional funds, but … Continue reading “Discuss two types of business structures that the owner of Xstore may wish to consider, exploring the advantages and disadvantages of each, in the context of the situation described in the question above.”