The Natural SPOT.
- HAIR PRODUCTS FOR NATURAL HAIR -
The advantages will be...
1. We can raise money more easily by borrowing or adding new partners.
2. We don't have to pay no corporate income tax.
3. We will be able to bring in a full range of new talents.
4. We have unlimited liability. We are fully responsible for the business debts.
Our Business cont...
1. The profits are shared. We will be able to overcome this because it's pretty self-explanatory. We are all in this together. Everyone working to make this business run well all deserve something. It's only right.
2. Disagreements can occur. There will be many disagreements because not everyone might agree with my idea. We could do majority vote on this, and the person who receives the most votes for their idea wins.
3. Problems can occur if one wants to leave. We can overcome this by talking to the person and see why they want to leave and come to a conclusion.
It will have a labor union. Having a labor union will be a good decision because it will try and make things better. Employers will be able to have a better chance to obtain a higher pay during their time here at the SPOT and have a better working condition. Just like our consumers, our employees matter too! Our labor union will be a closed shop, because this will mean that anyone wanting to be hired must belong to the union first. This will allow the shop and the workers to be more unified because they all belong to the same union.