Question: The organization form (or type) has a significant impact on financial decisions. As noted in your text; the federal government recognizes six forms of business
The organization form (or type) has a significant impact on financial decisions. As noted in your text; the federal government recognizes six forms of business organizations for tax purposes such as Sole Proprietorship, C-Corporation, S-Corporation, Partnership (general and limited), LLC, etc. Select one (1) of the six (6) business forms listed in your text and answer the following for a business you would like to establish or have already established: (a) List 2-3 financial advantages/disadvantages of the business form/type. (b) How you would fund or financially support the business (Examples: through equity, debt, internally generated funds, and trade credit, etc.). Explain your answer!!
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