An Analysis of two businesses :: Business and Management Studies

An Analysis of 2 businesses train 2Task 1Being a partnership is fit to Mount Pleasant brand Office for manyreasons. These be have-to doe with especially with1) The size of the business being small2) The responsibility of the possessors3) The way that the profits of the business be shared outSome of the reasons wherefore it is most suitable for Mount Pleasant billetOffice to be a partnership are concerned the advantages it transmits frombeing a partnership. These are the advantages this partnershipbusiness gets1) When this business first started up, it did not need the process of solicitors or accountants. This was because it was already easy to set up.2) Also on that point is no-one who give know about how well the business is doing. This way, everything can be unbroken private.3) Unlike Sole Proprietorships, more capital can be raised. This is because there are more people/ owners to gather money. There are in like manner sleeping partners who dont actually run the business on a day-by-day basis, but they do provide money when it is vitally needed.4) otherwise advantage is that unlike sole Proprietorship businesses, this business has unlimited specialisation. This agency that the jobs can be shared out amongst the owners. Certain people who are good at certain things wouldnt have to bother with the other jobs.Other reasons why it is most suitable for Mount Pleasant Post Officeto be a partnership are concerned with the disadvantages it would getfrom organising itself in a different way. These are the disadvantagesMount Pleasant Post Office would face by being a sole proprietary1) The business would have had limited specialisation which means that the owner would have had to do everything to keep the business going.2) If the owner fell ill, then he would have to close the complete business for some time. Also if the owner wants to have a break and go on a vacation then he would have to close the business for some time.3) If the owner is unhappy about running the business and wants to quit, then the business alike ends.These are the disadvantages Mount Pleasant Post Office would face bybeing a limited company1) The public would have to be notified about how the business is going by producing reports. These reports are costly to hold even