Question

explain the advantages and disadvantages of different types of business ownership.​

Answer 1

Answer:

Easiest , simplest, and least costly business entity to form and operate. Complete control and flexibility. You can register your name, obtain a business license, and begin conducting business. The business does not pay separate tax.

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Answer 2

Answer:

Advantages - 1) Financial Rewards

2) Lifestyle independence

3) Personal satisfaction and growth

Disadvantages-1)Financial Risks

2)Stress and health issues

3) Time commitment

Explanation:

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