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Javier Wants to Start a Microbrewery Business and Is Thinking

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Javier wants to start a microbrewery business and is thinking of setting it up as a sole proprietorship.What are the advantages and disadvantages he will face by setting up the business as a sole proprietorship as opposed to a partnership or a corporation?


Definitions:

Hersey-Blanchard

The creators of the Situational Leadership Model, which proposes that effective leadership style varies according to the maturity of team members.

Situational Leadership Model

This model suggests that there is no single "best" style of leadership; effective leadership varies with the individual or group being led and the task, job, or project at hand.

High-task

Pertaining to tasks or jobs that are highly demanding in terms of skills, effort, and time commitment, often requiring high levels of concentration and expertise.

Fred Fiedler

A psychologist known for his research in leadership and the creator of the Contingency Model, which suggests the effectiveness of a leader is contingent on the leader's style and the situation.

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