A few years ago, you began repairing
bikes for fun. Word has spread. Now, neighbors and friends have
offered to pay you to repair their bikes. You realize you have a
business opportunity. Decide what you want to do with this
opportunity. Can you handle all the
work by yourself? If you
decided to take on a partner, which form of partnership would
you choose and what skills would you want in a partner? Under
what circumstances would you consider incorporating instead of
parternering? if you incorporated, what do you think would attract a potential stockholder to invest?o

Answers

Answer 1

Answer:

I will do the work one after the other and will need a hand by employing a secretary to write down the name of people for me to start working with and also attend to them first because first come first served

Answer 2

The business opportunity of repairing bikes for a profit is certainly an exciting prospect. However, handling all the work by oneself may not be a feasible option in the long run. Therefore, taking on a partner can be a wise decision. In this case, the most suitable form of partnership would be a general partnership, where both partners share equal responsibility and liability.

What is a partnership?

A partnership is a type of business structure in which two or more individuals own and manage a company together. In a partnership, the partners share the profits, losses, and responsibilities of the business.

The ideal partner for this business should have experience repairing bikes, good communication skills, and knowledge of marketing and finance. It's important to find a partner who can complement your skills and bring value to the business. If the business grows significantly, incorporation may be considered for limited liability protection and to separate the business's legal entity from the owners, but this comes with additional legal requirements and tax obligations. Potential stockholders would be attracted to invest if the company has a strong financial performance, a clear business plan, and a competitive advantage in the market.

Therefore, taking on a partner in a general partnership can be a suitable option for handling the bike repair business. However, incorporation can be considered if the business grows significantly and requires more capital to expand operations. A competent management team, a clear business plan, and a competitive advantage in the market can attract potential stockholders to invest.

Learn more about partnership, here:

https://brainly.com/question/9909227

#SPJ2


Related Questions

a unilateral choice is one that is made with the active involvement of the other party.

Answers

A dual concerns model asks two questions about the unilateral strategy choice made by a negotiator in this case. How much of a priority does the negotiator place on achieving the important outcomes in this negotiation?

What is the Unliteral strategy?

One of Selman's interpersonal negotiation techniques is when a child recognizes that there are different perspectives on a situation and employs basic persuasion to try to get the other person to "go along."

One side in the conflict is the only one who can make unilateral decisions. When both parties involved work together to find a solution, joint decision-making often involves some compromise.

The following negotiation strategies must be used by negotiators in order to launch a successful campaign: In a complex setting with multiple parties, you should never take victory for granted. Before you require their assistance, look for and cultivate potential allies. At the beginning of the process, identify all of your likely and potential adversaries.

To know more about Negotiation, visit:

https://brainly.com/question/28461798

#SPJ4

What 2 important things happened at the 2nd Continental Congress?

Answers

The events such as the appointment of George Washington as the army chief and declaration of independence were the two important things that took place at the Second Continental Congress.

The 2nd Continental Congress was an indispensable committee that acted as the most influential body that led the beginning of America as a free nation with its separate national governance. George Washington was appointed as the army chief of the American forces before he became the first President after the independence was declared in 1776.

Learn more about the Second Continental Congress here:

https://brainly.com/question/15809126

#SPJ4

What is a prosecutor?

What is a attorney (lawyer)?​

Answers

Answer: the first one: a person who institutes legal proceedings against someone

the second one: a person appointed to act for another in business or legal matters

Explanation:

Answer:

A Prosecutor is the person who tires to prove the person is guilty of the crime and an attorney is someone you can hire and will do either side. A attorney can do crime and legal matters.

What is standardization in automotive industry?

Answers

Manufacturers must adhere to a set of industry standards during the design, production, and testing phases of a component in order for it to be qualified for use in automobiles.

Why did standardization benefit the automobile sector?

Standardizing components can help manufacturers deal with fewer suppliers while also cutting the cost of procurement. Long-term, it can also assist automakers with inventory rationalization, support cost reduction, and employee training ease.

What do automobile ISO standards entail?

ISO 14001. Due to their significant negative influence on the environment, the automotive industry is mandated explicitly to maintain environmental management systems. For vehicle manufacturers all around the world, ISO 14001 is the key EMS certification for managing and controlling all facets of their environmental footprint.

To Know more about automobiles.

https://brainly.com/question/1193772

#SPJ4

Individuals who have been crime victims maintain a significantly higher chance of future victimization than people who have remained nonvictims. A. True B. False

Answers

True. Individuals who have been crime victims maintain a significantly higher chance of future victimization than people who have remained nonvictims.  

People who have experienced victimization in the past have a far higher likelihood of experiencing victimization in the future than those who have not. The likelihood of future victimization is highest in households that have already been victims in the past. One explanation is that certain victims are made easy prey because of their physical fragility or psychological suffering, which prevents them from opposing or preventing crime. The total number of offenses that a victim or target experiences—including the initial and subsequent offenses—is referred to as repeat victimization. The percentage of victims (people or addresses) who are victimized more than once over the course of a time period for a particular crime type is typically reported as the amount of RV.

Learn more about victim here:

https://brainly.com/question/14531339

#SPJ4

A protective tariff intended to protect the

Answers

Answer:

"Domestic industry" would be the right answer.

Explanation:

A form of duties and taxes that thus prevent such manufactured goods from reaching the domestic economy including from passing throughout the region, would be determined as a Protective tariff.Domestic industries seem to be producing manufactured products constructed of such family's income building ingredients together in farmhouse hold intended for immediate consumption.

explain briefly any three sectors of development potentialities in nepal​

Answers

Answer:Infrastructure Development Highways, airways, and rural roads connect all districts of Nepal. Hydroelectricity projects of varying scopes are in process and construction, and various international organizations are engage

1.Hydropower plants

2.Tourism

3.Mining

Explanation:

Explanation:

Infrastructure Development Highways, airways, and rural roads connect all districts of Nepal. Hydroelectricity projects of varying scopes are in process and construction, and various international organizations are engaged

1.Hydropower

2)tourism

3)mining

What kind of locations in the world (either in the United States or globally) might be easier to live in for people with Seasonal Affective Disorder

Answers

Frequency seasonal affective disorder occurs in 0.5 to 3 percent of individuals in the general population

It affects 10 to 20 percent of people with major depressive disorder and about 25 percent of people with bipolar disorder.October 3,2022  3:09 p.m.About 10 million Americans experience SAD, which is a form of depression that typically affects people from mid to late fall through early spring. As the seasons change,people, signs and symptoms.Seasonal depression,also called seasonal affective disorder (SAD),is a type of depression.It is triggered by the changing seasons and people with SAD, or seasonal pattern major depressive disorder,experience symptoms of depression with a frequency that gradually increases as the days begin to arrive.Live far from the equator SAD seems to be more common among people who live far north or south of the equator.This may be due to decreased sunlight during.

To learn more about affective disorder please click on below link.

https://brainly.com/question/9849272.

#SPJ4

PSA IF YOU ARE GOOD AT ECONOMICS PLEASE REPORT AND ANSWER MY QUESTION!!! THANKSSS.

Answers

Answer:

Marginal cost will increase as your effort increases

Explanation:

The reason why marginal cost (the extra cost per extra unit of effort put into studying) increases as you study more is due to the diminishing marginal return that studying will have as you put more effort into it.

This diminishing marginal return simply means that the more you study, the lower is the benefit per unit of effort put into studying, which is the marginal benefit, and thus, the higher is the cost per unit of effor put into studying, or the marginal cost.

This is an economic law known as diminishing marginal return, and applies to almost any type of activity, from business activities, to worker productivity, to personal endeavors like studying for an exam.

Chris received an email about his favorite band going on tour. He was happy to learn that tickets were only $35 apiece. However, once online, he soon realized that he also had to pay for parking at the venue, a service charge, tax, and a convenience fee. His ticket ended up costing him $85. The email Chris received used which of the following persuasion technique

Answers

Chris received an email about his favorite band going on tour. He was happy to learn that tickets were only $35 apiece. low ball technique.

Happy is any positive or joyful experience, from contentment to exuberant enjoyment, when referring to mental or emotional states. [1] Eudaimonia, prospering, subjective well-being, life satisfaction, and well-being are more forms. Since the 1960s, research on happiness has been conducted in a variety of scientific domains, including gerontology, social psychology, positive psychology, clinical and medical research, and happiness economics.The following two things are commonly associated with the expression:a more general concept of "emotional condition as a whole" or the current sense of an emotion (affect), such as joy or pleasureFor instance, according to Daniel Kahneman, happiness is "what I experience here and now."

Learn more about happy:

https://brainly.com/question/29382699

#SPJ4

How are the early celebrations of the Chinese New Year in the article similar to or different than present day?
Thsi is a newela article on chinese new year

Answers

The similarity that exists between the Chinese New year and what is celebrated today is that : The New year is used to usher in a new season. The New year just as what is celebrated today, is a period that is spent with friends and families.

What is the Chinese New year?

Chinese New Year, also known as Spring Festival, is a major holiday in China and other countries with a significant Chinese population. The celebration is traditionally a time for families to come together, and includes activities such as cleaning the house, decorating with lanterns and red banners, preparing traditional foods, and giving red envelopes filled with money to children.

In ancient China, the New Year was celebrated with sacrifices to ancestors and gods. It was also a time to pray for a good harvest in the coming year. Present day, Chinese New Year is celebrated in a similar fashion, but with more of a focus on family gatherings, parades, fireworks and exchanging of gifts.

Read more on Chinese New year here: https://brainly.com/question/29565225

#SPJ1

The minimum age at which you can get a Class C driver license without either driver education or being a hardship case is 17 years old.

Answers

You must be the legal age to apply for a Class C license. You must be at least 21 years old to drive across state lines in the United States.

What is a license?

A government license is required in order to do, use, or own something. One party (the licensor) grants a license to another party as part of an agreement between specified parties (the licensee). When a license from the government is needed, an application must be made in order to obtain one. When a private party is involved, it is through a unique arrangement, usually in writing. For instance, authorities may issue a license to allow a specific activity that would otherwise be illegal. Sometimes you need to pay a price or prove your worth. In accordance with intellectual property laws, a licensor is permitted to provide a license to a licensee to permit use while protecting the licensee from any claims of infringement made by the licensor.

To learn about license, visit:

https://brainly.com/question/15829119

#SPJ4

According to Solomon's opponent process model, if an individual repeatedly takes a drug, the opponent process will

Answers

According to Solomon's opponent process model, if an individual repeatedly takes a drug, the opponent process will strengthen.

Ewald Hering was the first to propose the opponent-process theory. He observed that certain color combinations, such as reddish-green or bluish-yellow, are rarely seen. According to opponent-process theory, color perception is influenced by the activity of three opponent systems. He proposed three independent receptor types, each with opposing pairs: white and black, blue and yellow, and red and green.

Through the opponent process, these three pairs generate color combinations for us. Furthermore, according to this theory, three types of chemicals exist in the retina for each of these three pairs, with two types of chemical reactions possible.

Learn more about opponent process to visit this link

https://brainly.com/question/30044662

#SPJ4

the credibility of a noncredible person may increase over time if people remember the mesage more than teh reason for dicounitng it in the first place.

Answers

False. The credibility of a noncredible person is unlikely to increase over time, as people are likely to remember the reason for discounting it in the first place.

The Unlikelihood of Increasing the Credibility of a Noncredible Person

The credibility of a noncredible person is unlikely to increase over time, as memories are persistent, and people tend to remember the reasons for discounting the person's message. Furthermore, a person who is not credible will struggle to build trust and credibility, as people will be hesitant to believe anything they say in the future. As such, it is unlikely that the credibility of a noncredible person will increase over time.

Learn more about credibility  at: https://brainly.com/question/24266723

#SPJ4

What force slows or prevents movement of objects that are in contact with each other?
magnetic
gravity
friction
applied

Answers

Answer:

Explanation:

gravity

How does the military communicate?

Answers

The communication in military is done through the different modes of communication, such as letters and radio messages.

Military communication has become an important part of the operations throughout the military jurisdictions. The military is communicated on the basis of the ops that they carry at different times. If the operations are secret and confidential, some languages like Navajo language, as they offer high amount of encryption. For other communications, the involved people follow formal modes.

Learn more about military communication here:

https://brainly.com/question/30050365

#SPJ4

1.How did mercantilism change the ways that
European nations traded?

A.The nations formed small trading blocks and
refused to trade with other nations.

B.It led to free trade with almost no barriers.

C.
Each nation tried to build wealth by exporting
more than it imported.

D.It led to creation of the income tax.



2 .Select Two things that the Columbian Exchange brought to Africa.

A.new crops that led to population growth

B.Introduction of livestock such as cattle and pigs

C.technology in the form of firearms used to enslave fellow Africans

D.an increase in gold and silver

Answers

Answer:

its The nations formed small trading blocks and

refused to trade with other nations.

Many people consider science too remote from everyday life and from nonscientist. Do you have the same thoughts?

Answers

Scientific methods are defined as the process of identifying a problem, developing a hypothesis, and determining a possible solution through observation. Cooking is a very common day-to-day activity.

Cooking a recipe begins with a list of ingredients and cooking instructions. The main goal of cooking is to prepare high-quality food; the recipe is our procedure or hypothesis.

The flavour of the food is our data, and how we evaluate it will guide us further. If the taste was satisfactory, the recipe is fine; otherwise, we can make changes to the recipe.

Science informs public policy and personal decisions on energy, conservation, agriculture, health, transportation, communication, defense, economics, leisure, and exploration. It's almost impossible to overstate how many aspects of modern life are impacted by scientific knowledge.

Learn more about "Scientific methods " to visit here;

https://brainly.com/question/7508826

#SPJ4

Occasionally you visualize yourself walking across the stage and receiving your university diploma. This visual image helps keep you motivated to attend classes, study, and complete your assignments. This visual imagery is an example of

Answers

Answer

cognitive motivation

Explanation

I found this at Quizlet flashcards ,, just type "Occasionally you visualize yourself walking across the stage and receiving your university diploma. This visual image helps keep you motivated to attend classes, study, and complete your assignments. This visual imagery is an example of" on search engine then open Quizlet scroll through the given flashcards,,

Why has Indian government provided job reservations to backward classes?

Answers

Answer:

The Indian government has provided job reservations to backward classes in order to ensure that people from historically disadvantaged groups have access to employment opportunities and are not excluded from the labor market. This policy is seen as a way to promote social justice and reduce economic inequality in India.

Explanation:

Which two practices in the South were targeted at only African Americans to prevent them from building wealth?

Answers

The two practices in the South that were targeted at only African Americans to prevent them from building wealth are debt peonage and sharecropping.

What is Debt Peonage?The commitment of a person's services as security for the repayment of a debt or other obligation is referred to as debt bondage, also known as debt peonage, bonded labor, or peonage.The debt holder has some power over the laborwhose freedom depends on the repayment of the debt when the terms of repayment are not disclosed in a clear or reasonable manner.The services needed to satisfy the debt might not be specified, and their term might not be specified either, allowing the person who is purportedly owed the debt to keep requesting services indefinitely.Debt peonage can be passed down from one generation to the next.

To learn more about debt peonage from the given link

https://brainly.com/question/13421577

#SPJ1

5. Which of the following is an example of a short-term consequence of the social structure depicted
above?

Answers

Answer:

An example of a short-term consequence of the social structure can be, Matt a 13-year-old kid who is reaching a stage in his life where he is starting to discover who he is as a person.

Explanation:

Social structure is the term that is given to all of the interconnected relationships of the various social groups and institutions in which people create and become part.

These groups include but are not limited to: families, schools, religious organizations,  social clubs, etc. Within the context of sociology, social structures help to provide a framework in which people interact on an interpersonal level based on their various traits, interests, and other aspects of who they are as individuals.

Matt joins his school's basketball team because he enjoys the game and hopes to make some friends in the process. Over time, the team helps Matt to grow in the sport but also socially, as he continues his personal growth and development as a person.

To learn more about social structure,

https://brainly.com/question/13411246?referrer=searchResults

https://brainly.com/question/13465651?referrer=searchResults

Which statement about developing and developed nations is true?
A. The number of people earning over $1 million a year has
decreased in developing and developed nations.
B. The average lifespan of people living in developing and developed
nations has remained constant.
C. The education gap between the richest and poorest nations has
narrowed.
D. The income gap between the richest and the poorest nations has
increased
long
SUBMIT

Answers

the income gap between the richest and poorest Nations has increased

Which of the following information is not required when facilitating a release of information request or authorization

Answers

The notice of privacy practices is not required while facilitating a release of information request or authorization.

The release of information request is referred to as the clause by which any individual can ask for any relevant information from any organization. For example, any consumer can ask for the details of the items that are used to manufacture a particular product. This clause also enables the authority to ask the same from any individual if the individual is involved in any kind of malicious practice. However, it is resented that the individual has to share the private practices. This clause helps to bring transparency in the system as the citizens will be able to know the processes that are followed by different organizations.

Learn more about Authorization at:

brainly.com/question/14450567

#SPJ4

Which of the following is not a deduction from your paycheck?
O Social Security
O national security
O Medicare
taxes

Answers

Answer:

National Security

Explanation:

From the listed options, the one that is not a deduction would be National Security. This is instead a branch of the government that is in charge of the security of the nation. This includes anything related to the security and defence of the countries citizens, economy, and institutions. National Security has nothing to do with individual citizen's lives and paychecks, it is a government duty and the citizens do not have to pay for the benefits.

Why was the life and death of Jesus important to his followers!

Answers

Answer:

Jesus had promised his followers eternal life.

Explanation:

God sent Jesus to Earth in order that humans could overcome death and have eternal life.

The Holy Spirit’s work of sanctification of our souls involves these three forms of divine assistance:_________________, __________________, ________________.

Answers

The Holy Spirit’s work of sanctification of our souls involves these three forms of divine assistance: positional, experiential, and permanent sanctification.

What is the Bible's teaching on the Holy Spirit's sanctification?

Know and believe that you are justified and sanctified by the blood of Christ and the presence of the Holy Spirit. 6:11 in 1 Corinthians "And some of you were just like that. But in the name of the Lord Jesus Christ and through the power of the Holy Spirit of our God, you were washed, sanctified, and justified.

The "sanctifying work" of the Spirit is to assist us in living for God. As Peter suggests, our complicity in this can primarily be characterized as obedience. The process by which we increasingly submit our hearts, minds, and bodies to following Jesus is known as sanctification.

Therefore, positional, experiential, and permanent sanctification are the Holy Spirit’s work of sanctification.

Learn more about sanctification from the given link.

https://brainly.com/question/30074995

#SPJ1

What is the life cycle of an idea, from the original idea through, in some cases, its actual implementation

Answers

The life cycle of an idea, which is from the original idea through, in some cases, its an actual implementation is called an ideation.

Ideation is considered to be the process of developing and also conveying  the prescriptive ideas to others, which is typically in a business setting. So, the ideation refers to the creative process which involves developing, generating, and also communicating the new ideas.

However, as one can see, ideation is not just a one-time idea generation or a brainstorming session. Ideation is considered to be something which one can grow and cultivate. So, this is an actual implementation.

Hence, ideation is a creative thinking which aims in order to solve a problem.

To learn more about ideation here:

https://brainly.com/question/12108015

#SPJ4

21. Which of the following civilizations was known for its very distinctive form of Christianity?
a. Meroe
b. Andalusia
c. Aksum
d. Egypt

Answers

C. Aksum

In 320 A.D., King Ezana adopted Christianity and it was made the dominant religion of the Aksum/Axum civilization.

13. You can learn a great deal about how your own beliefs, assumptions, background, culture, and other influences affect how you _________ what others say and how you interact with them.

Answers

You can learn a great deal about how your own beliefs, assumptions, background, culture, and other influences affect how you interpret what others say and how you interact with them.

When working in a professional setting, it is important to be aware of our beliefs and assumptions. It is essential to keep an open mind when making decisions and be aware of any potential bias that could impact our ability to make decisions objectively.

Having an awareness of our beliefs and assumptions can also help us to be more understanding and accepting of the perspectives of others. Being cognizant of our own biases can lead to more successful collaborations, improved problem-solving, and a more inclusive workplace. It is important to make correct interpretations about things with careful consideration.

To know more about beliefs, click here.

https://brainly.com/question/13877107

#SPJ4

Other Questions
Other things the same, if the U.S. real exchange rate appreciates, U.S. net exportsa. increase and U.S. net capital outflow decreases.b. decrease and U.S. net capital outflow increases.c. and U.S. net capital outflow both increase.d. and U.S. net capital outflow both decrease. In ______ administration, you are administering medication to yourself or your partner. Select one: A. patient-assisted. B. peer-assisted In which of the four quadrants does Covey suggest that as a manager you strive to spend the most time The fastest, and probably the most effective, treatment for severe cases of depression isA.imipramine (Tofranil).B.paroxetine (Paxil).C.electroconvulsive therapy (ECT).D.psychotherapy. please correct these two sentences to be grammatically correct. thank you.300 people attended the concert last night. She made $two hundred in her first week at work. I don't understand help Chemotherapy uses __________ to destroy cancer cells.A.radiationB.hormonesC.drugsD.surgery 5. CCC Patterns Look at the melting points for the metals in the fourth and fifth periods of theperiodic table in the figure. Describe the general pattern in the relationship between a metal'sposition in the table and its melting point. I just need help with number 9 in this picture if anyone could pls help! The chord of a circle of radius 5 cm subtends a right angle at its centre. Find the length of the chord (in cm). A How story (I had not seen the door before I was not there Last night. Caustiously I turned the handle ....... When did the internment camps come to an end and why? I need help with this question. :Probability and Statistics thanks What system works with the respiratory system to circulate blood and oxygen throughout the body (i) Six donkeys are each given 5 ml spoons of medicine three times each day.Calculate the number of whole days a 2 L bottle of medicine will last.pls I really need the answer What major event has had the biggest impact in your life I really need help on this one too The sixth-grade class is holding a week long fund-raiser. The class set a goal of raising $700. 0. So far they have raised $176. 95. Write an equation that can be used to solve for x, the amount of money the class still must raise to meet their goal According to the text, which of the following options best explains the linkbetween postcolonial literature and the British Empire?A. Postcolonial literature attempts to grapple with the legacy of British colonization.B. Postcolonial literature spread after Britain granted independence to its colonies.C. Both A and BD. Neither A nor B Multiple ChoiceEuropean philosophies regarding regulatory environment and competition for business are only shaped by the fact that Europe issmaller and has more people and limited resources.TrueFalse