Based on a Tshirt Business
This discussion will also assist everyone as your complete your business plans. I want everyone to think about (if you have not already) the form of business you would like to establish… discuss this and explain why you have selected that form. For example, if you have decided to form a corporation, why is that your selection? If you decide to operate “on your own” as a sole proprietor, why do you plan to do that?
Also, what are the advantages and disadvantages of the business form you selected?
Finally, originally, I had included one more question here regarding franchising, but I am going to shift just a bit….
…… has anyone ever thought about going into business by purchasing an existing business for sale? What would you consider purchasing, and what are the advantages of this option?