what do you think is the best form ownership?
Share
what do you think is the best form ownership?
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
If you want sole or primary control of the business and its activities, a sole proprietorship or an LLC might be the best choice for you. You can negotiate such control in a partnership agreement as well. A corporation is constructed to have a board of directors that makes the major decisions that guide the company.
Answer:
A sole proprietorship is easy to form and gives you complete control of your business. ... Sole proprietorships can be a good choice for low-risk businesses and owners who want to test their business idea before forming a more formal business.
Explanation: