Explain why starting a business from scratch is more difficult than purchasing a franchise, buying an existing business, or joining a family business. starting a business from scratch is more difficult because you start with nothing but you money and that’s it i'm going to use baking a cake to better explain. okay so you can just walk in to walmart and buy a cake mix that you just add water, oil, eggs to this repents buying existing business. you could go on online and just use some basic from scratch cake recipe and go get cake flour, baking powder, salt, unsalted butter, sugar, eggs, vanilla extract, whole milk this represents buy a franchise. also you could use grandma's recipe represent taking over family business. then there is the hard work, dedication, blood, sweat and tears to come up with your own.

Alpine west, inc., operates a downhill ski area near lake tahoe, california. an all-day, adult ticket can be purchased for $55. adult customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from december 1 through april 30. the season pass is nontransferable, and the $450 price is nonrefundable. alpine expects its season pass holders to use their passes equally throughout the season. the company’s fiscal year ends on december 31. on november 6, 2009, jake lawson purchased a season ticket. required: 1. when should alpine west recognize revenue from the sale of its season passes? 2. prepare the appropriate journal entries that alpine would record on november 6 and december 31. 3. what will be included in the 2009 income statement and 2009 balance sheet related to the sale of the season pass to jake lawson?