Today many people work for a sole proprietorship


Question: JOURNALING FOR SUCCESS

Today, many people work for a sole proprietorship, partnership, or corporation. Still others decide to become entrepreneurs and start their own business.

Assignment: 1. Assume that you are now age 25 and have graduated from college. Would you prefer to work in someone else's business or one that you would start? Explain your answer.

2. Assuming that you have decided to start your own small business, what special skills and experience will you need to be successful? (Note: You may want to talk with someone who owns a business before answering this question.)

3. Now describe where and how you could obtain the skills and experience you need to be successful.

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Management Theories: Today many people work for a sole proprietorship
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