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AD | TYPES OF BUSINESSES

  • Game Code: 1495251
  •  English    6     Public
    AD | TYPES OF BUSINESSES
  •   Study   Slideshow
  • It is easy to form and gives you complete control of your business
    Limited liability company (LLC)
    Partnership
    Sole proprietorship
  •  15
  • The simplest structure for two or more people to own a business together.
    Sole proprietorship
    Partnership
    Limited liability company (LLC)
  •  15
  • It lets you take advantage of the benefits of both the corporation and partnership business structures.
    Limited liability company (LLC)
    Corporation - C corp
    Corporation
  •  15
  • One or more people - Owners are not personally liable - Corporate tax
    Limited liability company (LLC)
    Corporation - C corp
    Corporation
  •  15
  • One or more people, but no more than 100, and all must be U.S. citizens- Owners are not personally liable -Personal tax
    Limited liability company (LLC)
    Partnerships
    Corporation - S corp
  •  15
  • One or more people- Owners are not personally liable -Tax-exempt, but corporate profits can't be distributed
    Limited liability company (LLC)
    Sole proprietorship
    Corporation - Nonprofit
  •  15
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