Your friend Alisha is planning to open a restaurant. She is confused and asks your...
70.2K
Verified Solution
Link Copied!
Question
Accounting
Your friend Alisha is planning to open a restaurant. She is confused and asks your advice. Alisha plans to involve her sister, Roopali, as a manager/partner/shareholder. Alisha does not know whether she should trade as a sole trader, partner or establish a Pty Ltd company. Compare and contrast the following business structures: sole trader, partnership and company. Explain why the company may be the preferred option
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!