All substantive post at a minimum will meet the following criteria:
· A minimum of 200 word count of content, (all posting) which does not include,
quotes, “I agree”, summations/synopsis of another posting, and/or the critiquing of
another posting, and/or salutation and pleasantries, and/or a restatement of the
question(s)
· Integrate your perspective, theory, research, and/or professional experience in your
own words
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Many small business fail because they do not keep changing, a small garage business that take off end up in bankruptcy. The reason is they have no strategic plan/business plan. They start in the garage and then have exponentially growth but they do not stop and analyze the financial aspects because their cash flow is growing and can sustain the growth in the short term. However when business starts to level off/adjust they find they cannot pay their bills because they were not making a profit and/or a very small profit.
Therefore many business start as sole proprietorship but evolve
into corporation or partnerships which all goes to organizational structure so
does the ownership structure affect the organizational structure?
