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Types of Business Organizations |
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From : United States Small Business Administration
Small Business >
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When organizing a new business, one of the most important decisions to be made is choosing the structure of a business. Factors influencing your decision about your business organization include:
- Legal restrictions
- Liabilities assumed
- Type of business operation
- Earnings distribution
- Capital needs
- Number of employees
- Tax advantages or disadvantages
- Length of business operation
Related Articles: Pros and Cons of Sole Proprietorship, Partnership, and Corporation |
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