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Business Entity Matrix Paper
Essay specific features
Written by:
Charles S
Date added:
July 23, 2015
Level:
University
Grade:
A
No of pages / words:
4 / 968
Was viewed:
7174 times
Rating of current essay:
Essay content:
Every company must evaluate all the advantages and disadvantages of each type of business to select the most appropriate for a business venture. A Limited Liability Company (LLC) is the best option for forming a new pet treadmill business because of the liability concerns and the advantages of the LLC over other types of business...
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The advantages of forming of an LLC are members receive limited liability and have pass-through taxes where earnings are treated like those in partnerships or S Corporations. Forming an LLC instead of a corporation provides the benefits of forming a corporation but limits a few of the disadvantages. A primary benefit is LLC members are not responsible for the debts and liabilities of the company...
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