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An agreement by two or more persons to carry on, as co-owners, a business for profit.
Sole Proprietorship
Corporation
Sole Proprietorship
Partnership
Sole Proprietorship
Sole Proprietorship
Sole Proprietorship
Partnership
The most talented potential employees would tend to prefer the job security of working in larger firms. rather than this type.
Sole Proprietorship
Corporation
Sole Proprietorship
Partnership
Sole Proprietorship
Sole Proprietorship
Sole Proprietorship
Partnership
Owner has the maximum degree of control over business decisions.
Sole Proprietorship
Corporation
Sole Proprietorship
Partnership
Sole Proprietorship
Sole Proprietorship
Sole Proprietorship
Partnership
Fewer regulations to follow but shared profits.
Sole Proprietorship
Corporation
Sole Proprietorship
Partnership
Sole Proprietorship
Sole Proprietorship
Sole Proprietorship
Partnership
The owner could lose personal equity if the business fails.
Sole Proprietorship
Corporation
Sole Proprietorship
Partnership
Sole Proprietorship
Sole Proprietorship
Sole Proprietorship
Partnership
Someone who initiates and assumes the financial risk of a new enterprise.
Sole Proprietorship
Corporation
Sole Proprietorship
Partnership
Sole Proprietorship
Sole Proprietorship
Sole Proprietorship
Partnership
Owner liability is limited to their investment (share) in the corporation
Sole Proprietorship
Corporation
Sole Proprietorship
Partnership
Sole Proprietorship
Sole Proprietorship
Sole Proprietorship
Partnership
The owner may be a great accountant but only a fair salesperson.
Sole Proprietorship
Corporation
Sole Proprietorship
Partnership
Sole Proprietorship
Sole Proprietorship
Sole Proprietorship
Partnership
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