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If you start a college business then what can you do?

Samantha Barber

in Higher Education

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1 answer

Ronald Miller on April 15, 2018

If you are starting a business, you need to consider if you want to be an individual entrepreneur or a company. You need to tovaluate the pros and cons of each and decide which you think would be best for the business that you are configuring. An individual trader is only to make the owner of the company, as this is a good profit wise you are at a disadvantage in the ideas for the business as its only your ideas and can not compare. A partnership is two or more people, they are the owners of the business, and you can also have sleeping partners, also known as silent partners. These contribute to the company in terms of money, but have no charge in the running of the business. If a couple is take you must gt, a contract of association, this will save later argument, This act of association shows you how to make a lot of money in the business that shows how much you will receive from the company. Once you have decided that you can use your savings account or get a bank loan to obtain products and equipment for your business, depending on what your business is. Your first goal is simply to survive the first year and the next couple of years, you can try to get more benefits and products, etc.

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