Rasmussen College Opening the Doors to Your Business Essay

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Business Finance

Rasmussen University

Description

After your negotiation and transaction with Mr. Barker, you start to realize that this could be a lucrative business. Your mother has been bugging you for months to get rid of all of the other children's meal toys that you collected over the years. With your estimate, you probably have over $10,000 worth of toys.

For this part of the project, you will be starting your own business selling the children's meals toys. At this point in time, you are the only one running the business, and you will not have any employees. If you were to structure a business based on the facts of this situation, which would you choose and why is that the best fit? At this point in time, you are the only one running the business and you will not have any employees.

Your paper should be 1-2 pages in length, double-spaced, and properly APA formatted.

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Explanation & Answer

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Opening the Doors to Your Business

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Opening the Doors to Your Business
There is no doubt that out of all the decisions that an entrepreneur needs to consider when
starting a business, the type of business structure is probably the most important aspect to
consider. This is because the type of a business that a person chooses influences everything about
the business from the day-to-day running of the business, the amount of taxes to be paid, the
amount of capital to ...

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