What are the primary advantages to choosing a sole proprietorship? Select all that apply.It can be inexpensive and easy to set up.Decisions are in the hands of many people.The owner is not liable for the company’s debts.Many types of business taxes are not required.Owners can keep profits for themselves.
Now that their business has become a separate legal entity, Janet and Jose are for the company's debts.
As a corporation, they can raise capital by to new shareholders.
What are the primary advantages of forming a corporation? Select all that apply.Corporations are inexpensive and easy to set up.Corporations are not required to register with state governments and the federal government.It is easier to raise large amounts of capital.Owners are not personally liable for corporations’ debts. Corporations do not have to pay business taxes.
To begin their corporation, they must first .
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