Why might a sole proprietor take on a partner instead of hiring an employee?

Answers

Answer 1

Answer:

Please see answer below.

Explanation:

As in the above case, a sole proprietor might decided to take on a partner instead of hiring an employee if he or she is considering business expansion or aiming to add other business which is not his or her field hence requires a partner.

Employing people in the above situation might not be a good decision because adding a new line of business requires capital and expertise , all of which will be provided by the new partner because that is his field.

Also, should there be any losses, both the sole proprietor and the partner will share the losses unlike the employee who will not share in the loss should there be any.


Related Questions

Food Safety - Potential Hazards (CORE)
<
To help prevent chemical contamination, where should you store chemicals?
O Below food storage areas
In the bathroom
O Above food storage areas
O Away from food

Answers

Answer:

Away from food

Explanation:

Chemicals should be stored away from food because the slightest contact between them would lead to chemical contamination

Prompt
A close family member explains that she does not give money to charity because she "wouldn't receive any personal benefit
from donating and because "most charities waste their donations on salaries and other administrative expenses."

Answers

Answer:

You have the control to decide which causes you ultimately want your donations going to. If you give donations to large organizations they have the control over exactly how the money is used but in your foundation you can dictate where and to whom you want the money going to. And if you donate to a non profit cvharity you will not be paying people that money will directly go to the orginization. From donating you can feel good about yourself, you did something good. It is unreasonable to say " wont recive personal benifits", in my opinion if you are looking for any personal benifit from donating to a non profit then you need a new hobby.

Although you can expect to not gain anything in the world as of money wise and materialistic things. When you donate to charity it shouldn't be about any of that it should be the sheer determination to do good and help others. Going into something like donating to charity could be compared to feeding the homeless, or helping out after a natrual disaster. People need help in the world and as a person, i belive that it is only right to donate if you are doing well financialy stop being greety.

Since worries of money wasting invades the minds of many people when it comes to donating, You will be entitled to a tax break when you will give your money as a gift to a nonprofit organization. At the end of years, you will get the taxable receipt from the charity you’ve donated to. you can keep it with the other tax documents and your tax amount will be deducted. If you are in 15% tax bracket, donating $100 will allow you to save 15% of the tax. In this way instead of giving your hard-earned money to the government, you can use it in a better way.

Explanation:

A lot of typos but best answer on here !!!

A close family member explains that she does not give money to charity because she "wouldn't receive any personal benefit from donating and because "most charities waste their donations on salaries and other administrative expenses."

We can not assume that every organizations have different work lines and also everyone has different perspective.

What are donation?

A donation is a gift usually from a charitable nature. A donation is a voluntary transfer of property (often money) from the transferor (donor) to the transferee with no exchange of value (consideration) on the part of the recipient. (The recipient gives nothing in exchange for the donated property.) When a donor knowingly, intentionally, and unconditionally conveys property (or a symbol of the intended property) to donator  the donation goes into effect and becomes irrevocable upon the donator acceptance thereof.

What are administrative expenses?

Administrative expenses are expenses an company incurs that are not directly tied to a specific core function such as manufacturing, production, or sales. These overhead expenses are related to the organization as a whole, as opposed to individual sectors or business organizations can deduct from their tax returns administrative expenses that are reasonable, ordinary, and necessary for business operations. These expenses must be incurred during the usual course of business and deducted in the year they are incurred.

To learn more about donation here

https://brainly.com/question/14384618

#SPJ3

Why is Earned Value a very powerful tool? Answer: It combines the cost, scope, and ____________ as an integrated tool to calculate project performance. It also allows us to do _______________ under different estimating assumptions as discussed earlier.

Answers

Answers
1) Time
2) cost analysis or performance measurement.

Explanation


Earned value — it integrates cost, time and the work done (or scope) and can be used to forecast future performance and project completion dates and costs...

Which of the following would cause the supply curve to shift to the right?
technology improves production
The government increases taxes on a business
Input prices for a business become more expensive
the number of consumers decline

Answers

Answer:

Technology improves production.

Explanation:

Supply refers to the quantity of goods and services produced and offered to the market for sale.

There are several factors that could cause the supply curve to shift to the right, one of which is technology improves production. An improvement in technology will phase out manual or slow process of production hence shifts supply curve to the right.

When government increases tax on a business, if will affect the income that should have accrued to the business hence supply curve inward. An increase in input prices will affect production cost thereby shifting supply to the left. Also when there is a decline in the numbers of consumers, it will shift supply curve inward because it is these consumers that will purchase whatever that is produced and supplied to the market.

What recent technological breakthrough can be compared in importance to
the invention of paper nearly 2,000 years ago?
A. Supersonic airplanes
B. Communication via telegraph
C. Electronic communication
D. Radio broadcasting

Answers

Answer:

Electronic Communication

Explanation:

C

Identify three areas in our daily lives that would benefit from the study of communication. Use specific examples from the site.

Answers

I know it said from the site and I don’t see a web address so maybe I can give you a few examples and you can go from there:
1. Work place
2. Home
3. School

The areas that would benefit from the study of communication are:

WorkEducationFamily

What is communication?

This is the term that has to do with the ways through which messages are communicated or sent from one person to the other around the world.

Communication helps to relay important messages and also foster good relationship.

Read more on communication here:

https://brainly.com/question/25645043

#SPJ2

I’m gonna mark the brainliest :)

Answers

Answer:

C. Single Use Gloves

Please, please, please mark BRAINLIEST!!!

I think the answer would be C

Can u own your own business without your business lincence

Answers

Answer:

Yes

Explanation:

If a kid sells things daily to people to make profit then that kid would have a "business"

It depends what country you live in and what business you plan on opening.

Thanks for the points:)

URGENT!! Describe the attractions of growth stocks and value stocks.

Answers

Answer:

Investors who purchase growth stocks receive returns from future capital appreciation (the difference between the amount paid for a stock and its current value), rather than dividends. ... Value stocks are those that tend to trade at a lower price relative to their fundamentals (including dividends, earnings, and sales).

Explanation:

Answer:

Investors who purchase growth stocks receive returns from future capital appreciation (the difference between the amount paid for a stock and its current value), rather than dividends. ... Value stocks are those that tend to trade at a lower price relative to their fundamentals (including dividends, earnings, and sales).

PLEASE ANSWER ILL MARK THE FIRST ANSWER THE BRAINLIEST . Tyyy have a great day

Answers

Answer:

A. With the date in 3 days

Explanation:

It says chicken that was cooked 3 days ago, key word, 3. So it would be answer A.

Mark me BRAINLIEST? Thanks!

So the answer would be A .

2 features of public limited companies

Answers

Led by Board of Directors and life span




Hope this helped!

Drag each tile to the correct box.

Match each investment example to the type of risk involved with it.

credit risk
inflationary risk
market risk
reinvestment risk
George purchased a US Treasury bond that matures in five years. He plans to purchase a newly issued Treasury bond and hopes it will be just as valuable.
arrowRight
Claretta purchased a Treasury bond that pays 1% interest when the price of goods and services are rising by 2%.
arrowRight
Corbin purchased a corporate bond with a poor rating and a risk of default.
arrowRight
Beth bought a company’s stock in hopes of a quick profit, but the stock price has been very unpredictable.
arrowRight

Answers

Answer:

Reinvestment risk ⟶ George purchased a US Treasury bond that matures in five years. He plans to purchase a newly issued Treasury bond and hopes it will be just as valuable.Inflationary risk ⟶ Claretta purchased a Treasury bond that pays 1% interest when the price of goods and services are rising by 2%.Credit risk ⟶ Corbin purchased a corporate bond with a poor rating and a risk of default.Market risk ⟶ Beth bought a company’s stock in hopes of a quick profit, but the stock price has been very unpredictable.

Explanation:

Let's review the first scenario. We know that George just bought a bond that will mature in five years. If the bond turns out to be profitable, he intends to buy a new US Treasury bond once his current one matures. This accurately describes a reinvestment risk because he is risking buying a second bond based on the outcome of the first one. Once the bond matures, the interest rates will have fallen, which will make it extremely less likely that newer bonds available to reinvest in will offer the same rewards.Now take a look at the scenario. This one is relatively obvious. Since it states that the prices of goods and services are rising, Claretta's interest won't seem like much after a few years. This makes it an inflationary risk because the inflation rates in her country are rising and her interest returned will buy her less that it would have in the past.Moving onto the third scenario, we can see that Corbin purchased a bond from a corporation that has incredibly low ratings and usually fails to repay their loans. This indicates a credit risk. A credit risk occurs when  an investor chooses to invest in a bond issuer that has a history of poor credit reliability. This is clearly the case for this issue and therefore, Corbin has made a credit risk.The final scenario indicates a market risk. A market risk is any factor that affects the overall performance of the financial markets. Since the stock prices in Beth's economy have been unpredictable, clearly something has negatively impacted the market so the stock prices are frequently fluctuating.

Answer:

Reinvestment risk ⟶ George purchased a US Treasury bond that matures in five years. He plans to purchase a newly issued Treasury bond and hopes it will be just as valuable.

Inflationary risk ⟶ Claretta purchased a Treasury bond that pays 1% interest when the price of goods and services are rising by 2%.

Credit risk ⟶ Corbin purchased a corporate bond with a poor rating and a risk of default.

Market risk ⟶ Beth bought a company’s stock in hopes of a quick profit, but the stock price has been very unpredictable.

Explanation:

Annual Percentage Rate (APR), credit limit, and penalties
and fees are important to consider when
Looking at your
credit score
Choosing a financial advisor
o
Choosing a credit card
Selecting a financial institution​

Answers

Answer:

Choosing a credit card.

Explanation:

A credit card is a plastic rectangular card issued by financial institutions such as banks, that allows the cardholder to purchase goods or services from merchants on credit.

Credit cards offers it's users convenience to access a line of credit and thus, eliminates the need to carry cash (money) or check around.

The important criteria to consider when choosing a credit card are;

1. Annual Percentage Rate (APR).

2. Credit limit.

3. Penalties and fees.

4. Cash back.

The annual percentage rate (APR) is the annual interest derived by a total charged to borrowers or payable to investment.

What is a credit card and why is it important?

Credit cards, when used appropriately, may be important instruments for earning rewards, traveling, dealing with crises or unanticipated spending, and improving credit.

A rewards credit card, as the name suggests, pays the cardholder for making purchases. Rewards can differ depending on the issuer and card type.

Thus, Option C is correct about APR.

For more information about APR refer to the link:

https://brainly.com/question/1361627

Which of the following is true of good salespeople?

They know how to oversell their product so the customer can't say no.

They have tenacity but know when to walk away and move on to the next sales prospect.

They make promises they may not be able to keep in order to secure a sale.

They don't leave voice mail messages.

Answers

Answer:

B (They have the tenacity but know when to walk away and move on thr next sales person)

Explanation:

Let's break these.

A: Anyone can say no. this really does not work as a good salesperson argument.

B) They know when to stop but are also tenacious. good qualities to have in a salesperson.

C) thats looking at legal trouble, please don't do that

D) thats a ridiculous statement

Answer:

They have tenacity but know when to walk away and move on to the next sales prospect

Explanation:

In the accounting equation, assets are equal to liabilities plus what?
A Owner equity
B Revenue
C. Accounts
D. Interest
Please select the best answer from the choices provided
A
B
O O O
С
D

Answers

Answer:

A. Owners equity

Explanation:

In a balance sheet, the accounting equation reflects a scenario in which assets are equal to liabilities including owners equity. This is premised on the principle of double entry which is the foundation of accounting.

Owners equity is the amount owned by the business owner or his investment in the business less drawings.eg retained earnings,profits, etc.

The reason for accounting equation is to show that the balance sheet tallies such that items on the debit matches items on the credit

if the demand for a good increases by more than the supply of the good increases, then the goods equilibrium price will ________ and its equilibrium quantity will __________. group of answer choices

Search Results
Web results

Answers

Answer: Equilibrium price will increase and its equilibrium quantity remains the same

True or False: Cell phone chargers are considered hazmat products and cannot be stowed with items like books
or towels

Answers

Answer:

I would say false

Explanation:

the charger is like an appliance . if it isn't in use it's harmless . I don't know for sure.

Answer:

The statement "Cell phone chargers are to be considered as the hazmat products and they cannot be stowed the items such as books or towels" is false.

Explanation:

Hazmat products are those products that are considered to be hazardous that could risk:

Health, Property, Or the Environment.

It could become hazardous at the time:

Storing, Handling, Or Transporting them.

As they consist of flammable, pressurized. It includes such substances as fuels, nuclear waste products, etc.

Also, it can be stowed with items such as books or towels.

Therefore we can conclude that the statement "Cell phone chargers are to be considered as the hazmat products and they cannot be stowed the items such as books or towels" is false.

Learn more about hazmat products here: brainly.com/question/24142576

Rachel is on her way to an interview for the position of a project manager. She is trying to prepare for this interview by analyzing her own skills. Which of Rachel’s skills is relevant to the position of a project manager?

Answers

Answer:

Leadership.

Negotiation.

Scheduling.

Cost Control.

Risk Management.

Contract Management.

Critical Thinking.

Communication.

First answer, I’ll mark the brainliest .

Answers

The answer to the question is b
The answer is b hope this helps

What are financial obligations or money that a business needs to pay others in the future called?
BLANK are financial obligations or money that businesses need to pay others in the future.

Answers

Answer:

Liabilities

Explanation:

In economic terms, liabilities are the obligations that are to be paid by one authority to another in the future. They are owned by the company which is left to be settled in the future. The liabilities can be paid off through the means of money, goods, or services. They also include loans, revenues, and accrued expenses.

Which occupation in the architecture and construction industries is expected to have a slower than average job growth? carpenters engineers boilermakers brick masons

Answers

Answer:

Boilermakers

Explanation:

Boilermaker are individuals who are into making boilers or large containers that is meant for housing or keeping liquid or gases such as oil or gas. They are involved in fabrication of steel, iron or copper into boilers. There job roles can involves repairs as well.

However, according to Bureau of Labor Statistics, the job growth of Boilermaker is 6%, and with the closure of most Coal Fired power plants in the coming decade, there is going to be lesser demands for boilermaker.

Specifically in building construction, gas boilers are expected to be replaced by low carbon heating system in all new homes, in the near future, this will gradually reduce demand for boilermakers.

Also, considering the increase in energy sector, trying to move away from crude oil to renewable energy such as solar, there will be lesser demand for boilermaker.

In your opinion, what are tradeoffs of a very successful biking company in a community?

Answers

Answer:

A snowboard, or an electric scooter

Explanation:

This two products may be bought by a buyer because they are less expensive or maybe even more convenient and safer than a bike from a popular manufacturer like Giant.

The actual purchase decision for an electric scooter or snowboard signifies the trade-off over the bike.

The invention of photography was initially important because:
A. it provided fun and entertainment for thousands of people.
B. it enabled people to communicate more information faster.
C. it gave farmers a means of keeping track of farm goods and
equipment
D. it helped artists, scientists, and journalists communicate in a new
way.

Answers

Answer:

D. it helped artists, scientists, and journalists communicate in a new  way.

Explanation:

The invention of photography helped in preserving the images and storing them for the future. Photography helped in the creation of a new medium of communication. The movement led towards the development in the field of history, science, art, and industry. The information can be archived and stored. Also, photography led to the new way of perceiving things from the eyes of the photographer and the journalists. It gave a new outlook to the artists to present their art forms.

I’m marking brainliest . Have a great day :D

Answers

Answer:

Yes you have it right

I Think is D

Explanation:

Answer: kitchen sorry if I’m wrong

I WILL MARK THE BRAINLIEST HELP ME PLEASE

Answers

Answer:

It's D im guessing

Explanation:

It Should be letter D

Which of the following best explains how a recovery period leads to a boom?

A. A natural disaster resulting in greater demand for housing
construction.

B. A decrease in unemployment resulting from low production costs.

C. An increase in consumer demand resulting from a reduction in prices.

D. A reduction in consumer demand resulting from hyperinflation.

The answer is C. An increase in consumer demand resulting from a reduction in prices.​

Answers

Answer:

C. An increase in consumer demand resulting from a reduction in prices .

Explanation:

when prices decline the consumer demand quantity increases.

Answer:

an increase  in consumer  demand result from a reduction in prices

Explanation:

If something is public domain who can use it?
O Judges
O Producers
Singers
All the above

Answers

The answer is all of the above

Find the total cost, rounded to the nearest cent, of 3.9 pounds of corned beef at $5.49 per pound and 4.6 pounds of pastrami at $4.95 per pound.

Answers

Answer: $44.18

Explanation:

Given the following :

Cost of corned beef per pound = $5.49

Cost of pastrami per pound = $4.95

Pound of corned beef = 3.9 pounds

Pound of pastrami = 4.6 pounds

Therefore ;

Total cost = (cost per pound × number of pound)

Total Cost of corned beef = 3.9 × $5.49 = $21.411

Total cost of pastrami = 4.6 × $4.95 = $22.77

Total cost of corned beef and pastrami :

$21.411 + $22.77 = $44.181

$44.18

1. During pre-planning, the Activities Committee establishes the following project goal: "Optimus XT will promote and organize a clothing drive no later than May 31." Is this a SMART goal? Why or why not? (2 points)

Answers

Yes because it is organized and promote
yes because it organized

In 1-3 sentences, explain the role of entrepreneurs in the economy.

Answers

Answer: Entrepreneurs are people who usually travel around the world

Explanation:

Other Questions
95 points!The scatter plot shows the relationship betweeen the number of hours students spend watching television and the numer of hours they spend with family each week.What is the y-intercept of the line of best fit and what does it represent? 11.5 hours; the number of hours students spend with family in a week when they do not watch television 9.2 hours; the number of hours students watch television in a week when they do not spend time with family 9.2 hours; the number of hours students spend with family in a week when they do not watch television 11.5 hours; the number of hours students watch television in a week when they do not spend time with family An HP laser printer is advertised to print text documents at a speed of 18 ppm (pages per minute). The manufacturer tells you that the printing speed is actually a Normal random variable with a mean of 17.35 ppm and a standard deviation of 3.25 ppm. Suppose that you draw a random sample of 10 printers. Required:a. Using the information about the distribution of the printing speeds given by the manufacturer, find the probability that the mean printing speed of the sample is greater than 17.55 ppm. b. Use normal approximation to find the probability that more than 48.6% of the sampled printers operate at the advertised speed (i.e. the printing speed is equal to or greater than 18 ppm) What is the theme of "the awful fate melpomenus jones"? WILL GIVE BRAINLIEST TO FIRST CORRECT ANSWER The sum of 3c2d3 + (-5c2d3) + 10c2d3 is To prove a polygon is a rectangle which of the properties listed must be included in the proof Due to a recession, expected inflation this year is only 3.75%. However, the inflation rate in Year 2 and thereafter is expected to be constant at some level above 3.75%. Assume that the expectations theory holds and the real risk-free rate (r*) is 3.5%. If the yield on 3-year Treasury bonds equals the 1-year yield plus 0.5%, what inflation rate is expected after Year 1 The reader get a feeling from reading the book that Amir thinks it is fair that he doesnt have a child. Why do you think he thinks that? Your answer: He has a sense of order in the universe that almost makes this slight suffering transferable.He doesnt deserve to have one It is fair that he doesnt have a kid because he is not worthyHe blames Soraya for not having a child. what is the cause in the following sentence : the mother bird gathers dried grass to build her nest.a.mother birdb.gathersc.build her nestd.gathers dried grass What is the least common multiple of 4 and 12?4122448 slope=m=please need help, if someone could explain ;) The continental crust is? A) Divide 160km in the ratio 10:9:13B) divide 66 in the ratio 6:15:1 The offices of president, vice president, secretary, and treasurer for an environmental club will be filled from a pool of 15 candidates. Eight of the candidates are members of the debate team.(a) What is the probability that all of the offices are filled by members of the debate team?(b) What is the probability that none of the offices are filled by members of the debate team? Which reactant in the photosynthesis equation is used directly to makesugar?O A. WaterO B. ChlorophyllO C. Light energyO D. Carbon dioxide The second statement is the ___ of the first. You are considering a certain telephone company. They charge $0.17 per minute of talking, plus a fixed base monthly fee of $40 . If M represents the number of minutes you talk in a month, and C is the total monthly charge, which of these is the correct relationship between M and C ? Which of the following operation is not performed by a mouse 1) left click , middle click , right click, double click HELP MY CHEMISTRY NERDS PLEASE PLEASE PLEASE !!!!! I WILL LUV U 4EVER Please HELP!!!!Tu nombre es Ral y ________. eres azul eres azules soy azul soy azules What does Howard University do for Ta-Nehisi?