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    Selecting Business form

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    In selecting the form of business entity for conducting a business, what role does the prospective nature of the business operation play in the selection process?

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    In selecting the form of business entity for conducting a business, what role does the prospective nature of the business operation play in the selection process?

    When starting a business, one of the most important considerations is selecting the form in which the business will operate. The four basic business structures include the sole proprietorship, partnerships, corporations and limited liability companies. Factors such as the nature of the business operation, the need for protection of personal assets from business debt, need for capital, legal ...

    Solution Summary

    A discussion of how when starting a business, one of the most important considerations is selecting the form in which the business will operate.

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