[Solved]• Discuss and explain the different forms of business units(sole proprietorship, partnership, limited company) available

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[Solved]• Discuss and explain the different forms of business units(sole proprietorship, partnership, limited company) available, highlighting the benefits and limitations of each.

Details:
As a consultant, you are required to write a report to be delivered by your firm to these clients explaining the following issues below:
• Discuss and explain the different forms of business units(sole proprietorship, partnership, limited company) available, highlighting the benefits and limitations of each. (Marks: 30)

• Discuss and explain financial accounting and management accounting terms, highlighting the differences between the two strands of accounting . (Marks: 20)

• Assuming that you have not been given any information about the funds the couple have available. You are required to explain the sources of finance available to a business owner, looking at Short-term sources and Medium-term sources,give at two examples of each include advantages and disadvantages. (Marks: 30)