Please note that Forms A & B were the same

Jun 29th, 2015
Studypool Tutor
Syracuse University
Course: general
Price: $25 USD

Tutor description

We went over this in class. There is a difference between the variance and the variation of X. StatCrunch provides you with the sample.

Word Count: 6702
Showing Page: 1/31
Types of Business OrganizationSelf-Paced OverviewTypes of Business OrganizationIt is important that the business owner seriously considers the different forms of business organization-types such as sole proprietorship, partnership, and corporation. Which organizational form is most appropriate can be influenced by tax issues, legal issues, financial concerns, and personal concerns. For the purpose of this overview, basic information is presented to establish a general impression of business organization.Sole ProprietorshipA Sole Proprietorship consists of one individual doing business. Sole Proprietorships are the most numerous form of business organization in the United States, however they account for little in the way of aggregate business receipts.AdvantagesEase of formation and dissolution. Establishing a sole proprietorship can be as simple as printing up business cards or hanging a sign announcing the business. Taking work as a contract carpenter or freelance photographer, for example, can establish a sole proprietorship. Likewise, a sole proprietorship is equally easy to dissolve.Typically, there are low start-up costs and low operational overhead.Ownership of all profits.Sole Proprietorships are typically subject to fewer regulations.No corporate income taxes. Any income realized by a sole proprietorship is declared on the owner's individual income tax return.DisadvantagesUnlimited liability. Owners who organize their business as a sole proprietorship

Review from student

Studypool Student
" Totally impressed with results!! :-) "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1820 tutors are online

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors