Share
Explore BrainMass

Explain the benefits of a proprietorship as compared with a

Explain the benefits of a proprietorship as compared with a LLC.

I would choose proprietorship as the business structure, if I were to set up an own Certified Public Accounting (CPA) practice. I know the benefits about cost, taxes, and sharing the profits with anyone.

Explain what are others benefits to chose proprietorship as the business structure.

Solution Preview

Explain the benefits of a proprietorship as compared with a LLC.

I would choose proprietorship as the business structure, if I were to set up an own Certified Public Accounting (CPA) practice. I know the benefits about cost, taxes, and sharing the profits with anyone.

Explain what are others benefits to chose proprietorship as the business structure.

One of the main benefits of having a proprietorship is that you can basically invite anyone to join with you, in which case you would ...

Solution Summary

Explain the benefits of a proprietorship as compared with a LLC.

I would choose proprietorship as the business structure, if I were to set up an own Certified Public Accounting (CPA) practice. I know the benefits about cost, taxes, and sharing the profits with anyone.

Explain what are others benefits to chose proprietorship as the business structure.

$2.19