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Macreconomic
Essay specific features
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)...
displayed 300 characters
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