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ib_p04_entrepreneur - st 21 Century Entrepreneurs Small...

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Click to edit Master subtitle style 21st Century Entrepreneurs Small Business Workshop Corporate Structures and Financing Options
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Click to edit Master subtitle style 21st Century Entrepreneurs Small Business Workshop Corporate Structures Options
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Click to edit Master subtitle style 21st Century Entrepreneurs Small Business Workshop Corporate Financing Options
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Types of Firms Sole proprietorship A firm owned by a single individual and not organized as a corporation. Partnership A firm owned jointly by two or more persons and not organized as a corporation. Corporation A legal form of business that provides the owners with limited liability.
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Types of Firms Who Is Liable? Limited and Unlimited Liability Asset Anything of value owned by a person or a firm. Limited liability The legal provision that shields owners of a corporation from losing more than they have invested in the firm.
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Types of Firms Who Is Liable? Limited and Unlimited Liability SOLE PROPRIETORSHIP PARTNERSHIP
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