Buy custom Which Form Of Ownership Is For You
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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 438 |
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With a sole proprietorship and partnership I wouldn’t have that advantage.
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The most basic form of ownership is the sole proprietorship, a business own and managed by one person. This kind of business is easier of starting and ending, you also get to be your own boss; you get to retain all company profit and to have full control of your business. There are also disadvantages on a sole proprietorships business, such as unlimited liability-the risk of personal losses, limited financial resources, management difficulties, and overwhelming time commitment...
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General points of the essay
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