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Why is starting a business as a sole proprietorship easier than starting as a corporation?

choco1433

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Why is starting a business as a sole proprietorship easier than starting as a corporation?

Why is starting a business as a sole proprietorship easier than starting as a corporation?

▸ There are very few legal requirements as a sole proprietorship.

▸ Tax rates are lower.

▸ There are fewer financial liabilities.

▸ It is easier to solicit for investors.

▸ There are fewer demands on the owner's time.

Textbook

Business in Action

Business in Action

Edition: 9^th

Authors: Bovee, Thill

Read 75 times

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hannahfeng

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choco1433 Author

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2 years ago

this is exactly what I needed

54321abs

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Helped a lot

Kstan109

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Thanks

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