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What would not be an advantage of Samantha’s aunt’s business? … Some may be fully active in running the business, whereas others may have a more limited role.
What would not be an advantage of Samantha’s aunt’s business? … Some may be fully active in running the business, whereas others may have a more limited role.
Type | Public |
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Traded as | NYSE: BGS S&P 600 component |
Industry | Food |
Founded | 1889 |
Headquarters | Parsippany, New Jersey , United States |
How much work should Talia except to have to do to make the franchise successful? She should except to work very hard, putting in long hours about six days a week.
Limited partners are not personally liable.
This means that a limited partner can’t be forced to pay off business debts or claims with personal assets. A limited partner, however, can lose his or her financial investment in the business.
There are several advantages to becoming a corporation, including the limited personal liability, easy transfer of ownership, business continuity, better access to capital and (depending on the corporation structure) occasional tax benefits.
The biggest disadvantage of a sole proprietorship is the potential exposure to liability. In a sole proprietorship, the owner is personally liable for any debts or obligations of the business.
With B&G’s success, the company literally wore out its New York factory, and B&G moved its pickle and pepper manufacturing to a modern 200,000 sq. ft. plant in Hurlock, Maryland, in 1988, which is in a major cucumber and pepper growing region. The B&G brand formed the nucleus of B&G Foods when it was founded in 1996.
Its products are marketed under various brands, including Ac’cent, B&G, B&M, Back to Nature, Baker’s Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary’s, Clabber Girl, Cream of Rice, Cream of Wheat, Crisco, Dash, Davis, Devonsheer, Don Pepino, Durkee, Emeril’s, Farmwise, Joan of Arc, Vermont Maid, Victoria, …
Benefits to the franchisor include regular royalty payments, expansion with reduced financial risk, and a greater geographical presence. Franchisee benefits include lower risk, lower startup costs, existing brand recognition, and parent company marketing support.
Advantages of small business ownership include independence and flexibility in terms of location and opening hours of the business. Additional advantages include lower costs, flexibility to adapt to changing market conditions, focus on limited market niche and reputation.
One of the advantages of a sole proprietorship is its simplicity. You do not separate taxes for your business, you simply report all of your business income and losses on your personal income tax return. But with that simplicity comes personal liability for legal judgments, taxes, and debt.
Advantages of a partnership include that: two heads (or more) are better than one. your business is easy to establish and start-up costs are low. more capital is available for the business.
One advantage of the corporate form of organization is that it avoids double taxation. Organizing as a corporation makes it easier for the firm to raise capital. An advantage of the corporate form of organization is that corporations are generally less highly regulated than proprietorships and partnerships.
The advantages of the corporation structure are as follows: Limited liability. The shareholders of a corporation are only liable up to the amount of their investments. The corporate entity shields them from any further liability, so their personal assets are protected.
The advantages of a corporation are limited liability, the ability to raise investment money, perpetual existence, employee benefits and tax advantages. The disadvantages include expensive set up, more heavily taxed, taxes on profits.
Sole Proprietorships also have liability and functional disadvantages compared to other business entities. The biggest disadvantage of a sole proprietorship is the potential exposure to liability. In a sole proprietorship, the owner is personally liable for any debts or obligations of the business.
B&G Foods | 2021 Fortune 500 | Fortune.
BGS Industries L P manufactures industrial machinery. The Company offers cnc machining and mills machine products to the gulf coast energy industry.
The financial health and growth prospects of BGS, demonstrate its potential to outperform the market. It currently has a Growth Score of B. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.
Disadvantages to franchisees include high costs and royalty payments, strict product rules, lack of support from uninterested franchisors, lack of flexibility in where to locate and how to trade, and other start-up challenges.
Franchising Pros | Franchising Cons |
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Low supplies costs | Restrictions on where you can operate, the products you can sell, and the suppliers you can use |
Some franchisors offer loans and other forms of assistance to franchisees | Expensive initial investment for big name franchises |
The franchisor / franchisee relationship is a dependent relationship. The franchisor establishes business systems, the operating business, and grants franchisees the right to establish their own franchise location. As a franchisee, you have rights and obligations.
As nouns, the difference between disadvantage and advantage is that disadvantage is a weakness or undesirable characteristic; a con while the advantage is any condition, circumstance, opportunity, or means, particularly favorable to success, or any desired end.