Macreconomic

Essay specific features

 

Issue:

Business

 

Written by:

Steven B

 

Date added:

October 27, 2015

 

Level:

 

Grade:

C

 

No of pages / words:

7 / 1718

 

Was viewed:

6649 times

 

Rating of current essay:

 
Essay content:

I will discuss various types of business entities that exist and the pros and cons of each. Specifically, I will explore ? Sole Proprietorships ? General Partnerships ? Limited Partnerships ? Corporations ? Limited Liability Corporations I will also discuss following business situation: ? Joe's Lawn Care and Landscape Equipment Rental I will determine whether the business is effective in operation, as business currently exists, or if there is a need to make changes to the business entity...
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Sole proprietorships are the most common form of business structure. This type of business is simple to form and operate and may enjoy greater flexibility of management, less legal regulation, and fewer taxes. Although this is the easiest form of business to start, "the income and losses are treated as personal and will be filed on a Schedule C along with the regular Form 1040 tax return" (IRS, 2004)...
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