who can do this two questions for me ?

User Generated

xvat_33

Business Finance

Description

the questions are about the describe 2 pros and 2 cons for each ONE of the following types of businesses :

Sole Proprietorship

Partnership

Limited Liability Company

S Corporation

C Corporation

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Explanation & Answer

Hi. Find the answer attached.

Running head: BUSINESS FORMS IN THE INDUSTRY

BUSINESS FORMS IN THE INDUSTRY
Name:
Course:
Institution:
Date:

1

2

BUSINESS FORMS IN THE INDUSTRY
BUSINESS FORMS IN THE INDUSTRY
Sole Proprietorship
A sole proprietorship is a type of business that is owned and operated by a single
individual with the help of maybe his family members. The advantages of a sole proprietorship
include; it is easy to form and operate, and all the profits from the business go to the owner
(Astrachan & Shanker, 2003). A sole proprietorship is easy to form since very little capital and

few legal requirements are needed. Since a sole proprietorship is owned and operated by a single
individual, all profits made go to the owner. The cons of a sole proprietorship are long working
hours since the owner of the business runs the business single-hand...


Anonymous
Excellent resource! Really helped me get the gist of things.

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