The first step in setting up a new company is choosing among
Question # 00838578
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Updated on: 02/13/2023 08:54 PM Due on: 02/14/2023
P11
the first step in setting up a new company is choosing among the different types of business ownership. The business structure one chooses influences everything from day-to-day operations, to taxes, to how much of one’s personal assets are at risk. One should choose a business structure that gives one the right balance of legal protections and benefits.
- What questions should be asked in determining the appropriate forms of business ownership for a business?
- What are the advantages or disadvantages of sole proprietorship and partnership forms in an organization? Would you use a sole proprietorship in your business in the future? Why or why not?
- What are the different types of partnerships? Why is the partnership agreement important? Would you use a partnership in your business in the future? Why or why not?
Develop a two- to three-page APA-formatted paper
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Rating:
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Solution: The first step in setting up a new company is choosing among