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Channel: Forms of Business Ownership – Starting A Small Business
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Sole Proprietorship

Sole Proprietorship is the most common form of business. In a sole proprietorship, only one individual runs the business. It is the easiest to set up, with the least amount of paperwork. Usually all...

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General Partnership

You may decide to start a small business with one or more partners. In a general partnership you and your partner will be the co-owners of the small business. When starting a small business with a...

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Limited Liability Company- LLC

A Limited Liability Company also known as a LLC is a new form of business structure which was developed for entrepreneurs who want the limited liability benefit of a corporation with the tax benefits...

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Limited Partnership

A limited partnership is made up of two types of partners; general partner and limited partner. The general partner controls the business and makes all the decisions while a limited partner just...

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Forming a Corporation

Is forming a corporation right for your business? What is a corporation? A corporation is a separate entity that operates independently from the person/ people who formed it. It even has the same legal...

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