100% tevredenheidsgarantie Direct beschikbaar na je betaling Lees online óf als PDF Geen vaste maandelijkse kosten
logo-home
Eerder door jou gezocht
Eerder door jou gezocht
logo
LSB2605 ASSIGNMENT 02 ANSWERS semester 1 2024. This document contains well answered and unique answers that will help you score a very good mark, contact 0/6/7/1/1/8/9/0/5/9 for further assistance. €2,61
In winkelwagen
Snel navigeren naar
Voorbeeld
  2.  
  3. University Of South Africa (Unisa)
  4.  
  5. Legal Aspects of Small Businesses (LSB2605)

Tentamen (uitwerkingen)

LSB2605 ASSIGNMENT 02 ANSWERS semester 1 2024. This document contains well answered and unique answers that will help you score a very good mark, contact 0/6/7/1/1/8/9/0/5/9 for further assistance.

3 beoordelingen
 8 keer verkocht
  • Vak
  • Legal Aspects of Small Businesses (LSB2605)
  • Instelling
  • University Of South Africa (Unisa)

LSB2605 ASSIGNMENT 02 ANSWERS Samantha wants to open a clothing shop that sells unique designs to the public. She will need to buy machinery to manufacture the clothing. She decides that she wants to make the shop more inviting by opening a small coffee shop where the customers can enjoy refres...

[Meer zien]

Voorbeeld 2 van de 5  pagina's

Document informatie

  • 7 april 2024
  • 5
  • 2023/2024
  • Tentamen (uitwerkingen)
  • Vragen en antwoorden

Onderwerpen

  • lsb2605 assignment 02 answers

Geschreven voor

  • University of South Africa (Unisa)
  • Legal Aspects of Small Businesses (LSB2605)
Alle documenten voor dit vak (2)

3  beoordelingen

review-writer-avatar

Door: sbongiju • 4 maanden geleden

review-writer-avatar

Door: lusandadubazana468 • 10 maanden geleden

review-writer-avatar

Door: priscarefematla • 10 maanden geleden

Verkoper

avatar-seller
RONSAMTUTORS

Ontvangen beoordelingen

Voorbeeld van de inhoud

RONSAM
TUTORS
LSB2605 Assignment 02
Semester 1 2024




FOR EXAMS, PORTFOLIO, AND ASSIGNMENT
ASSISTANCE WHATSAPP 0671189059
n

, Samantha wants to open a clothing shop that sells unique designs to
the public. She will need to buy machinery to manufacture the clothing.
She decides that she wants to make the shop more inviting by opening
a small coffee shop where the customers can enjoy refreshments and
snacks like cake and fruit salad. She does comprehensive calculations
and budget projections which reveal that her turnover in the first year
will be around R950 000. Assume that at this stage she will not be
employing anyone.


1. Which of the three most common business structures would be most suitable
for Samantha’s business? (2)

Samantha's business involves selling unique clothing designs along with operating a
small coffee shop. Since Samantha will not be employing anyone initially, the most
suitable business structure for her would likely be a sole proprietorship.

A sole proprietorship is the simplest form of business structure where the business is
owned and operated by a single individual. It offers simplicity in terms of registration,
management, and decision-making. Samantha will have full control over the
business and its operations. Additionally, as the sole owner, she will have the
flexibility to make decisions regarding the business's direction, finances, and day-to-
day activities.

In a sole proprietorship, Samantha will be personally liable for any debts or
obligations incurred by the business. However, given the relatively small scale of her
operations and the absence of employees, this may not pose a significant risk.

Overall, a sole proprietorship would be the most suitable business structure for
Samantha's clothing shop and coffee shop venture considering her current
circumstances and business objectives.

2. Will Samantha be required to apply for a business license for
either the clothing store or the coffee shop? Explain your answer.
(3)

In South Africa, Samantha would likely be required to apply for a business license for
both the clothing store and the coffee shop. Samantha's clothing store would require
a business license to operate legally. This is because any business entity operating
within South Africa, including retail establishments like clothing stores, typically
needs to obtain a general business license.

Dit zijn jouw voordelen als je samenvattingen koopt bij Stuvia:

Bewezen kwaliteit door reviews

Bewezen kwaliteit door reviews

Studenten hebben al meer dan 850.000 samenvattingen beoordeeld. Zo weet jij zeker dat je de beste keuze maakt!

In een paar klikken geregeld

In een paar klikken geregeld

Geen gedoe — betaal gewoon eenmalig met iDeal, creditcard of je Stuvia-tegoed en je bent klaar. Geen abonnement nodig.

Direct to-the-point

Direct to-the-point

Studenten maken samenvattingen voor studenten. Dat betekent: actuele inhoud waar jij écht wat aan hebt. Geen overbodige details!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper RONSAMTUTORS. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €2,61. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 65352 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Begin nu gratis

Laatst bekeken door jou

Voordeelbundel ·

(0)

Exam 1,Exam 2,Exam 3 & Lab Practicals: BIOS 242 / BIOS242 (Latest 2024/ 2025 Updates STUDY BUNDLE WITH COMPLETE SOLUTIONS) Microbiology| Questions and Verified Answers| 100% Correct| Grade A- Chamberl

Voordeelbundel ·

(0)

Midterm & Final Exams: NR509/ NR 509 (ALL Latest 2024/ 2025 Updates STUDY BUNDLE PACKAGE) Advanced Physical Assessment Reviews| Questions and Verified Answers| 100% Correct| Grade A- Chamberlain

Tentamen (uitwerkingen) ·

(1)

Test Bank For Advanced Health Assessment & Clinical Diagnosis in Primary Care 5th Edition by Joyce E. Dains; Linda Ciofu Baumann; Pamela Scheibel 9780323266253 Chapter 1-41 Complete Guide.

Tentamen (uitwerkingen) ·

(0)

Test Bank for Health Assessment for Nursing Practice 7th Edition by Susan/ Foret / Wilson. Complete Set Exam Questions With Verified Expert Solutions & Rationales 100% Correct | Latest Updated

Tentamen (uitwerkingen) ·

(3)

CERTIFIED CODING SPECIALIST EXAM /CCS EXAM 2 LATEST VERSIONS 2023/2024 AND PRACTICE QUESTIONS (VERSION A AND B) COMPREHENSIVE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED

Tentamen (uitwerkingen) ·

(0)

Test Bank For Maternity and Women's Health Care 13th Edition by Deitra Lowdermilk, Mary Catherine Cashion, Shannon Perry, Kathy Alden, Ellen Olshansky 9780323810180 Chapter 1-37 Complete Guide.

Voordeelbundel ·

(0)

Exam 1, Exam 2 & Exam 3: NSG322 / NSG 322 (Latest 2024 / 2025 Updates STUDY BUNDLE WITH COMPLETE SOLUTIONS) Behavioral Health Nursing / Psych Exam | Questions and Verified Answers | 100% Correct | Gra

Tentamen (uitwerkingen) ·

(0)

OSHA 511 General Industry Final Exam Latest Update 2024-2025 Actual Exam from Credible Sources with 100 Questions and Verified Correct Answers Golden Ticket to Guaranteed A+ Verified by Professor

Tentamen (uitwerkingen) ·

(0)

Test Bank for Psychotherapy for the Advanced Practice Psychiatric Nurse: A How To Guide for Evidence Based Practice 3rd Edition Wheeler, 9780826193797, All Chapters with Answers and Rationals

€2,61  8x  verkocht
  • (3)
In winkelwagen
Toegevoegd