Evaluation:
Published: 29.04.2006.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
  • Essays 'Business and Company Ownerships', 1.
  • Essays 'Business and Company Ownerships', 2.
Extract

The key differences that a lot of people notice among a sole proprietorship, a partnership, and a corporation is different things. A plan of action is needed to fulfill the goal of being your own boss and running a successful business. Success lies in the approach you choose to take. Once, you, the entrepreneur have determined the goods or services your new company will offer and whether there is a market for the product, a decision must be made on the type of business formation. When you start a new business, you must decide on a legal structure for it. …

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