Getting a New Business "off the Ground"
Moye, J. (2004). The Law of Business Organizations (6th ed.). New York: Delmar Cengage Learning.... 1. Under a sole proprietorship, Joan is inseparable from the business. Because Joan and her business are a single entity, she has complete control over the business operations, which includes a financial and legal responsibility for all of its debts and obligations. As a very “hands-on” manager, this may fit Joan’s leadership style, insofar as Joan will have complete control over every aspect of her business under the sole proprietorship model. If Joan becomes unable, due to health or personal reasons, to operate the business with such a high level of involvement, her choice in a sole...