Advantages of Sole Proprietorships

Disadvantages of Sole Proprietorships

Advantages of Partnerships

Disadvantages of Partnerships

Advantages of Corporations

Disadvantages of Corporations

Advantages of Franchises

Disadvantages of Franchises

Business I would like to open• I would like to open a sports equipment

business like Buckner’s Source for Sports• There are a lot of sports fans and people that

play sports and if they don’t have all their equipment needs they won’t be able to play

• I would choose a partnership, because opening it by myself would be hard and running it pretty much by myself as well, I feel I would do better with a couple of other people.

Business I would like to open (Continued)

• Everyone would have a working relationship and a lot of stuff would get done, and you don’t have to be there and in charge 24/7 because there are others that can carry the load.

• The only reason I wouldn’t want one would be if I was the one that had to worry about the debt, and all the taxes and stuff.