(Answered) Problemstan is thinking of starting a toxic waste disposal

Management Studies

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Stan is thinking of starting a toxic waste disposal business. He plans to collect the waste from business that produce it and then dispose of it in a sanitary landfill. In order to start this business, Stan will need a substantial amount of money to buy and develop the landfill site and purchase five trucks capable of transporting toxic waste.

What concerns would you have about operating this business as a sole proprietorship if you were Stan? What alternative form of business organization would you recommend and why?

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