.

Thursday, February 14, 2013

Business

Forms of Ownership
Globalization
Ethics/Social Responsibility
Management and the Organization
Human Resources
Marketing
Accounting & financial Management
Forms of ownership

Forms of ownership refer to the structure of a logical argument

The first act of business ownership, and the most common, is sole proprietorship. 75% of all U.S businesses atomic number 18 sole proprietorship. The advantages of sole proprietorships are that the owner enjoys complete control, and the clams are taxed as personalised income, avoiding many federal taxes. The potency downside is that the owner carries unlimited liability, and can seduce his or her personal assts and bank account on the line in the showcase of a failure.

Partnerships are businesses that are owned by cardinal or more people. 6% of U.S businesses fit this category, mostly smallish businesses. Although more complex to set up than a sole proprietorship, it is still relatively simple. The partners complete a partner stipulation listing the contributions, responsibilities and format for dissolution for each partner. A major(ip) disadvantage of partnerships is that each partner is liable for the actions of the partnership as a whole, nit just his own.

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!



Limited partnerships have a ace general partner who runs the business and is responsible for its liabilities, and limited partners who have limited involvement in the business, and whose liability is limited to the marrow that they invest.

Compared to sole proprietorships, partnerships are inexpensive to set up, not orbit to complicated government regulations, can bring to pull outher a more talented team to run the business, makes it easier t get financing, and the partners are taxed at the individual income rate, rather than special business taxes. The potential downside is the shared decision and profits, and the unlimited liability that partners vista unless they are in a limited partnership.

Corporations tend to be larger businesses that are owned by...If you want to get a full essay, order it on our website: Ordercustompaper.com



If you want to get a full essay, wisit our page: write my paper

No comments:

Post a Comment