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Types of Business Structures

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At least 700 words. Please include in-text citations and references.

Explanation how each business structure might and might not be advantageous.
- Three types of business structure are sole proprietorship, partnership, and corporation.
- Types of corporate business structures include General corporations, Subchapter S corporations, and Limited Liability corporations.

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Solution Summary

This solution of 688 words discusses the different types of business structures are given along with advantages and disadvantages such as sole proprietorship, partnership, corporation, general corporations, subchapter corporations and limited liability corporations.