Comparing Different Business Structures
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Please compare these two different business structures explain how each structure (business and corporate) might and might not be advantageous. The two video links are below. Identify the different business structures.
http://digital.films.com/PortalPlaylists.aspx?aid=7967&xtid=42248&loid=116024
http://digital.films.com/PortalPlaylists.aspx?aid=7967&xtid=42248&loid=116023
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Solution Summary
This in-depth response compares and contrasts different business and corporate structures and highlights their various advantages and disadvantages.
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Comparison
Advantages:
Business Structure: In business structure, the owners might get an advantage by not sharing profits with other partners. From the Sole Proprietorship structure, it is possible to take advantage by investing the capital, as per the individual discretion, without having the interference of any other partner. So, it also creates value for the business, in terms of allowing opportunities, to create innovation and expand the business further for growth and development (Planning your business research goals and business plans).
Corporate Structure: Corporate structures, such as subchapter S corporation, might be advantageous due ...
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