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Business Types

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Issue:

Business

 

Written by:

Michael M

 

Date added:

October 27, 2014

 

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Grade:

A

 

No of pages / words:

3 / 608

 

Was viewed:

10157 times

 

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Essay content:

The owner would be responsible for all debts of the business. The income from the business would not be taxed as a business; instead all the income subject to taxation would be taxed to the owner. A sole proprietorship avoids the expense of forming a partnership or corporation, and is the easiest and cheapest way to start a business...
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A sole proprietorship avoids the expense of forming a partnership or corporation, and is the easiest and cheapest way to start a business. Most individuals start businesses using this method because they’re aren’t aware of the other forms of business. (My Own Business, 2007). Second, there can be a partnership...
displayed 300 characters

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