B
1.Introduction
1.1. Project topic
Forms of ownership
1.2. Scientific Question
Which form of ownership, between partnership and sole trader is best to pick when starting a company in South Africa as a whole
1.3. Aim
The aim of this project is to show which form of ownership especially in a construction company will be more profitable. We are concentrating on a joint venture (partnership) or sole trader
1.4. Hypothesis
I believe that a sole trader can be more successful (in terms of profitability) in a construction business because a sole trader does not only raise the capital on his/her own but also gets all the returns/profit back to himself/herself . This makes the owner of the company and business itself, grow financially.
1.5. Limitations …show more content…
Most of these companies that apply for tenders are sole trader companies that are very successful. These companies see to it that they complete the job successfully without any investors or partnerships, therefore it is clear to me that there no reason to fall into a partnership if you can get a tender without an investor and getting a loan, to complete the tender, pay back the loan and still have something in your pocket as profit or returns. The downfall is that if you (as an owner) might not be able to raise …show more content…
Conclusion
5.1 summary
Although we have big companies that are partnership entities in South Africa, they are people who still want to have a sole trader entity mostly for more profit, and most control over the company, looking at my findings I can say that my hypothesis was right and I have managed to prove it.
5.2. Research question
“Which form of ownership, between partnership and sole trader is best to pick when starting a company in South Africa as a whole.”
I believe that a sole trader is best when starting a business, especially in Construction Company. I believe I have proved my hypothesis.
5.3. Research aims
I believe I have successfully accomplished my aims. Looking at my findings I believe I have being able to reach all my goals and proved what I wanted to prove
5.4. Secondary research
I fully agree with my sources. I did business studies in grade 10 and 11. I judged my source based on the text books I used in grade 10 and 11. I see that the sources are similar to the books I
1.Introduction
1.1. Project topic
Forms of ownership
1.2. Scientific Question
Which form of ownership, between partnership and sole trader is best to pick when starting a company in South Africa as a whole
1.3. Aim
The aim of this project is to show which form of ownership especially in a construction company will be more profitable. We are concentrating on a joint venture (partnership) or sole trader
1.4. Hypothesis
I believe that a sole trader can be more successful (in terms of profitability) in a construction business because a sole trader does not only raise the capital on his/her own but also gets all the returns/profit back to himself/herself . This makes the owner of the company and business itself, grow financially.
1.5. Limitations …show more content…
Most of these companies that apply for tenders are sole trader companies that are very successful. These companies see to it that they complete the job successfully without any investors or partnerships, therefore it is clear to me that there no reason to fall into a partnership if you can get a tender without an investor and getting a loan, to complete the tender, pay back the loan and still have something in your pocket as profit or returns. The downfall is that if you (as an owner) might not be able to raise …show more content…
Conclusion
5.1 summary
Although we have big companies that are partnership entities in South Africa, they are people who still want to have a sole trader entity mostly for more profit, and most control over the company, looking at my findings I can say that my hypothesis was right and I have managed to prove it.
5.2. Research question
“Which form of ownership, between partnership and sole trader is best to pick when starting a company in South Africa as a whole.”
I believe that a sole trader is best when starting a business, especially in Construction Company. I believe I have proved my hypothesis.
5.3. Research aims
I believe I have successfully accomplished my aims. Looking at my findings I believe I have being able to reach all my goals and proved what I wanted to prove
5.4. Secondary research
I fully agree with my sources. I did business studies in grade 10 and 11. I judged my source based on the text books I used in grade 10 and 11. I see that the sources are similar to the books I