What are some benefits and trade-offs of a sole proprietorship? Give examples

• Номер работы:
  583060
• Раздел:
  Все работы   →   Эссе   →   Английский язык
• Год добавления:
  11.11.2019 г.
• Объем работы:
  7 стр.
• Содержание:
  What are some benefits and trade-offs of a sole proprietorship?
  Give examples.
  
  As world practice shows, in the conditions of a modern market economy, the presence of various organizational and legal forms of management is an essential prerequisite for the effective functioning of a market economy in any state, including Russia. The entrepreneur, deciding on the choice of legal form, determines the required level and scope of possible rights and obligations, which depends on the profile and content of future activities, the possible circle of partners, the existing legislation in the country.
  This topic is relevant, since any entrepreneurial activity is carried out within the framework of a certain organizational form of an enterprise (company), and an essential element in the formation and success of a new enterprise is the choice of its legal form and tax system.
  …………………..
  The form of entrepreneurship is a system of norms that determines the internal relations between partners in an enterprise, on the one hand, and the relations of this enterprise with other enterprises and government bodies, on the other. The Civil Code of the Russian Federation contains various forms of management, each of which has its own characteristics, advantages, disadvantages and the right to life.
  …………..
  This form of business organization has its advantages and disadvantages.
  Sole ownership is characterized by the relative simplicity of the organization. They are the cheapest way to organize business.
  1) Sole ownership is easy to establish, since the legal procedure for registration is very easy and the registration of a company of this kind usually does not require large expenses.
  ………………
  
  Reference
  
  1. “Economic Theory” - 3rd edition, edited by A. I. Dobrynin, L. S. Tarasevich, 2004. – 125p.
  2. Agurbash N.G. Entrepreneurship in Russia and industrialized countries // Economic Issues, 2007, No. 3, p. 67-81
  
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  Give examples
  What are some benefits and trade-offs of a sole proprietorship?
  Give examples.
  
  As world practice shows, in the conditions of a modern market economy, the presence of various organizational and legal forms of management is an essential prerequisite for the effective functioning of a market economy in any state, including Russia. The entrepreneur, deciding on the choice of legal form, determines the required level and scope of possible rights and obligations, which depends on the profile and content of future activities, the possible circle of partners, the existing legislation in the country.
  This topic is relevant, since any entrepreneurial activity is carried out within the framework of a certain organizational form of an enterprise (company), and an essential element in the formation and success of a new enterprise is the choice of its legal form and tax system.
  …………………..
  The form of entrepreneurship is a system of norms that determines the internal relations between partners in an enterprise, on the one hand, and the relations of this enterprise with other enterprises and government bodies, on the other. The Civil Code of the Russian Federation contains various forms of management, each of which has its own characteristics, advantages, disadvantages and the right to life.
  …………..
  This form of business organization has its advantages and disadvantages.
  Sole ownership is characterized by the relative simplicity of the organization. They are the cheapest way to organize business.
  1) Sole ownership is easy to establish, since the legal procedure for registration is very easy and the registration of a company of this kind usually does not require large expenses.
  ………………
  
  Reference
  
  1. “Economic Theory” - 3rd edition, edited by A. I. Dobrynin, L. S. Tarasevich, 2004. – 125p.
  2. Agurbash N.G. Entrepreneurship in Russia and industrialized countries // Economic Issues, 2007, No. 3, p. 67-81
  
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