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Entrepreneurs are people who:
Limited liability company (LLC)
Unlimited liabilty
General partnership
Joint venture
The government and the Internet
Sole proprietorship and partnership
Small-business incubator
Start new businesses
Where can a person look for help in starting a new business?
Limited liability company (LLC)
Unlimited liabilty
General partnership
Joint venture
The government and the Internet
Sole proprietorship and partnership
Small-business incubator
Start new businesses
Type of business enterprise that protect memebers against losing all of their personal wealth; members are taxed as if they were in a partnership:
Limited liability company (LLC)
Unlimited liabilty
General partnership
Joint venture
The government and the Internet
Sole proprietorship and partnership
Small-business incubator
Start new businesses
A partnership set up for a specific purpose for a short period of time is known as a:
Limited liability company (LLC)
Unlimited liabilty
General partnership
Joint venture
The government and the Internet
Sole proprietorship and partnership
Small-business incubator
Start new businesses
Private or government funded agency that assists new businesses by providing advice or low rent building and supplies:
Limited liability company (LLC)
Unlimited liabilty
General partnership
Joint venture
The government and the Internet
Sole proprietorship and partnership
Small-business incubator
Start new businesses
These two types of businesses have unlimited liability
Limited liability company (LLC)
Unlimited liabilty
General partnership
Joint venture
The government and the Internet
Sole proprietorship and partnership
Small-business incubator
Start new businesses
A disadvantage of sole proprietorships and partnerships is that they have:
Limited liability company (LLC)
Unlimited liabilty
General partnership
Joint venture
The government and the Internet
Sole proprietorship and partnership
Small-business incubator
Start new businesses
This person assumes all the management duties and has full responsibility for the debts of the partnership:
Limited liability company (LLC)
Unlimited liabilty
General partnership
Joint venture
The government and the Internet
Sole proprietorship and partnership
Small-business incubator
Start new businesses
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