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Sole Proprietorship Owned by one person
I own a book store. The owner gets to keep all the profits, but owner must pay of everthing needed for the busienss.
Partnership Owned by two or more people
A partnership is easy to start, easier to capital but there is dis advantages like not getting along with your partner, and must share profits
Easy to start but franchise must operate like every other franchise
We are Nike Corporations are taxed on their profits but also corporations can raise money by selling stock
my business motive is making a profit (earning more revenue than expenses)
Non Profit Making
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