Question

Big Rock Brewery. Imagine you are a management consultant who has just been hired by Big Rock Brewery. Big Rock Brewery craft ten signature beers, eight seasonals, four ciders, and countless private label products for beer lovers nationwide and are looking to expand into Montreal (Quebec). You have been hired to assess the Canadian external environment in Montreal (Quebec) as it relates to brewery industry and provide important information to help Big Rock Brewery decide whether they should expand into Montreal.

Your job is to construct a PESTEL Analysis and a Porter's Five-Forees Analysis to help Bie Rock Brewery make an informed decision.

Answer 1

When selecting a business structure, Berkeley should consider factors such as control, liability, and tax advantages. The options available include sole proprietorship, partnership, corporation, and LLC.

Step-by-step explanation:

When selecting a business structure for her new business, Berkeley should consider the different options available and choose one that aligns with her goals and preferences. The main business structures to choose from include sole proprietorship, partnership, corporation, and limited liability company (LLC).

If Berkeley wants to have complete control over her business and be personally liable for any debts or liabilities, she can choose a sole proprietorship. On the other hand, if she wants to share the responsibilities and liabilities with another person, a partnership would be suitable. If Berkeley wants to separate her personal assets from her business assets and enjoy certain tax advantages, she can opt for a corporation or an LLC.

Ultimately, Berkeley should assess her business objectives, risk tolerance, and legal requirements to determine the most appropriate business structure for her new retail business.