Jaime's Pretty Pearls
Pearl necklaces for accessory-loving girls!
Land, Labor, Physical Capital, Human Capital
Labor- I spend all day making these necklaces by hand! All of my love goes into each and every necklace.
Physical- I use scissors to cut the string when it comes to an end.
Human- I taught myself how to make the perfect necklace by making mistakes along the way!
My business is a sole proprietorship because I own and make the products by myself.
So what's good and bad about my business?
Disadvantages- I have unlimited liability, and I might need to hire help eventually.