Friday, March 22, 2013

Journal Topic 6: Who is Running the Show?


I think PAS is a sole proprietorship business organization.  The reason why I think PAS is a sole proprietorship business organization is that the owner of the organization has the full control and access of the organization.  In addition, the Sole proprietor has satisfaction of running business his or her own way, this character of the advantage of sole proprietorship determined that PAS is a sole proprietorship business organization.

I think Mrs. Pamela created PAS.  The to-start funding of the school came from people who actually wanted to be involved in the education of American school students, which are people who have experience in applying American universities and colleges.  The decision maker of the organization is also Mrs. Pamela, because she is the person that controls the school and makes the decision.  In terms of sole proprietorship business organization, PAS have limited life but unlimited liability.  From what I know so far about PAS, any other various parties do not share the debts and costs, it is one party of its own.  After all the costs and debts are paid, the profit usually goes to the owner, which is Mrs. Pamela.

The reason why sole proprietorship was chosen was that the owner of Pacific American School controls every regulation, rule, student, and staff. The advantages could be there will be no conflict between the partners (which there is no partner) and the stockholders are not controlling the organization. The disadvantage could be that PAS is short in funds.

If I were going to start a school, I would choose sole proprietorship business organization, because it would be easy to start up and close down a business.


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