Factors that Determine the form of a Business Units
The factors that determine the form of a business unit are;
1. The amount of capital available.
2. The number of persons involved in the formation.
3. Who owns the business unit – government or private individuals.
4. The nature of the business the proposed business unit is to carry out.
5. The sources of capital of the business unit.
6. Whether the business unit is formed to make profit or to render essential services or to promote the business interest of its owners.
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Somtochukwu
Visionary Leader and Development Economist in Nigeria. CEO at Bufiredd Economic Consults Ltd
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