Business Structures LaShondra Dyer BUS311: Business Law I Instructor: Peter McCann April 13, 2016 Selecting a business structure comes with a number of variables. Are you going into business alone? If so, how will you fund it and run it? Will you join forces with others to build a business? If so, what agreements need to be made, for the business to run effectively and efficiently? I have spent over a decade in the nightclub industry in various positions. I started as a waitress
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Business Structure Belinda Sintim FIN 571 March 14, 2016 David Johnson Business Structure When one decides or proposes to start a business, they must decide on the type of business structure that would best benefit the needs of their business. Each business structure has its advantages and disadvantages. The three different business structures are Sole Proprietorship, Partnership and Corporation. Each structure has different set of rules and regulations that the owner or owners have to
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Business Structures Myriah Shanks ACC/537 July 4, 2011 George Bray Business Structures Starting a new business can be an exciting yet challenging time. One of the important decisions new business owners have to make is, which business structure to use. The three business structures new owners typically chose from are sole proprietorship, partnership, and corporation. This paper will not cover a fourth type of business structure the limited liability company (LLC). Choosing the structure
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Business Structures Sabrina George – York FIN/571 July 11, 2015 Prof. Susanne Elliott Abstract In connection into what an individual or a group of individuals wants to achieve – would determine the appropriate business structure for the expected goal. To explore cases where there is a bigger risk but higher profit for an individual or individuals they will want to look into the structure of a sole proprietorship or partnership. However, there could be a group of people who share a business
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Business Structures When someone is deciding to start a new business, several questions must first be answered before anything else can happen. One of the most important aspects to consider is the structure of the business. Business structure must be carefully chosen as each has its own advantages and disadvantages and can drastically alter how the company does business. The following details the various structures for businesses and the pros and cons involved with each. Sole Proprietorship
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Business Structure Advice Dear John Owner Starting a new business is not an easy decision to take. At first I would like to coagulate you for taking this decision and it will be my pleasure to explain to you the different business forms that exist, along with each business form advantageous and disadvantageous so you can choose the business form that is best suits your new business. There is more than one form of business structure such as: Sole Proprietorships, Partnerships, Corporations, and
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Business Structures Marlana Sisson August 10, 2014 University of Phoenix James Ciaramella FIN/571 When beginning a business, it is extremely important that the owners of the business decide the organizational form that will be beneficial to maximize the value of the firm. The owners must consider the size of the business, the taxation of the business, the liability of the owners and the ability to raise capital to finance the business (Parrino, Kidwell & Bates, 2012). The owners will
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BUSINESS STRUCTURES 1 Husniyah McNeill FIN/571 Professor Timothy Dreyer July 9, 2015 BUSINESS STRUCTURES 2 Business Structures A business entity is an entity that is comprised of a group of people organized for profitable
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Business Structures Betty Sanders FIN/571 August 18, 2014 Oscar Lewis Business Structures “Before starting a business, one has to decide which form of business entity to establish, the form of business determines which income tax return form one has to file. The most basic forms are to file. Sole proprietorship, partnership, Corporation, and Limited Liability Company (LLC) which is a new business structure allowed by state
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Business Advice !1 Business Advice Business Advice Mr. Owner, you are off to an excellent start. It is pivotal for business owners to compare options to discover which business structure would be most suitable for their needs. Because you are undecided how to finance and whether you will have partners, I compiled a list of the advantages and disadvantages of each business structure for your review. Sole Proprietorship If you decide that you want full control of the business, a sole proprietorship
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