Business Studies, asked by Tanmaykhangar5027, 1 month ago

in what circumsatances company can be a better form of business as compared to sole properitorship

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Answered by Kikumsung

1

Answer:

Deciding how to form your business will influence many aspects of your business, including how profits and liability are divided, how your business pays taxes and who runs the business. If you are a large business, forming a corporation offers several advantages over forming a partnership or sole proprietorship. Examining the benefits of a corporate structure can help you decide if forming a corporation is the best bet for your business.

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