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Growing Your Business (Chapter 11)

Growing Your Business (Chapter 11). Presented By: Craig Berkley ... again. Sole Proprietorship Partnership Subcontractor. Corporate Alliance Joint Venture. Consulting Business Structures. Sole Proprietor - Subcontracting Vs. Employees. Decision Making Control

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Growing Your Business (Chapter 11)

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  1. Growing Your Business(Chapter 11) Presented By: Craig Berkley ... again

  2. Sole Proprietorship Partnership Subcontractor Corporate Alliance Joint Venture Consulting Business Structures

  3. Sole Proprietor-Subcontracting Vs. Employees • Decision Making Control • Less Training Responsibility • Minimal Administration/Ongoing Costs • Business Flow Flexibility • New Expertise Subcontracted/Hired

  4. Business Partnership • Expanded Network • Increased Work Capacity • Reduced Sensory Deprivation • Less Financial Responsibility • Loss of Complete Independence

  5. Expanded Offerings: Geographically Technologically Resources Qualifications Compatibility: Ethics Culture Objectives Joint Venture-Advantages/Disadvantages

  6. Structure Considerations • Contract End Date (Timing) • Trial Proposal/Mailing “Test the Waters” • Permanent Vs. Temporary Growth • Legal Support: Letter of Agreement

  7. Pros and Cons of Different Growth Options(Exhibit 11-1, Page 204)

  8. Control Vs. Expanded Potential

  9. Phones Faxes Stationary Business Directories Chamber of Commerce New Networking Groups P.O. Box Relocation Considerations

  10. Questions.....

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