A Landscape and Trimming Business - Case Study Example

All these measures will not only help Joe to safeguard his employees and maintain his repute but might also help to check the reasons for the high rate of employee turnover that exists within his firm.When it comes to the choice of entity, it means what type the business will actually take place as, from a legal aspect of course. Here the main thing to be discussed is what kind of a firm Joe will form for his own. According to all the information provided, Joe already has a company because he has a number of workers working for him, however, he owns it solely.

If he wishes, he may convert this into a partnership firm of the firm because he can then have someone else sharing the profits, since the revenue turnover is extremely high, that would not really be a problem. Also, the main thing to look into is the fact that in a partnership, the liability is extended out to all the partners. Seeking out business help and professional advice can also be done with the help of the government or financial institutions as such help differs and has various ends.

Joe may also lookup the internet or search through journals and publications and read up on the views and thoughts of other businessmen who went through the same and how they overcame their difficulties in trying to set up and run similar businesses. All this would be very helpful for him and he would thus be able to have a higher rate of a return next year as well.