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Business Formation
Business Formation
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Business entities under consideration and rationale
From the scenario, Shania is considering organizing her a Christian coffeehouse as a sole proprietorship, a partnership, a small corporation, or a Limited Liability Company (LLC). The type of business depends on Shania’s vision and goals. Even though these business options are beneficial, they have certain disadvantages. For instance, if Shania decides to open a Christian coffeehouse as a sole proprietorship, she will take main control of the management and profits of the business. Kubasek et al. (2016) also argue
Business Formation
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