# data[].attributes.body
Sole Proprietorship
General Partnership

# data[].attributes.body
Starbucks & Spotify
Apple & Hermes

# data[].attributes.body
7-11 and ABC

# data[].attributes.headline
Limited Liability Company Positives & Negatives 

# data[].attributes.subject
Limited Liability Company Positives & Negatives 

# data[].attributes.body
Positives

Limited Ability

Easy startup and upkeep

Negatives

Self employment Tax

Limited ability has limits

# data[].attributes.body
a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.

# data[].attributes.body
A business that legally has no separate existence from its owner. Income and losses are taxed on the individual's personal income tax return

# data[].attributes.body
Positives

Shared cost up charge

Complementary skills and additional contacts of each partner can lead to the achievement of greater financial results together than would be possible apart.

Negatives

Shared profits

You do not have total control over the business. Decisions are shared, and differences of opinion can lead to disagreements, a "falling out," or even one partner buying out the other.

# data[].attributes.body
Positives

Protection from Legal Liability

Attracts investors

Negatives

Tax liability

More complicared

No Right to Legal Counsel

# data[].attributes.headline
Sole Proprietorship Positives & Negatives 

# data[].attributes.subject
Sole Proprietorship Positives & Negatives 

# data[].attributes.body
Positive

Management Flexibility

Tax advantages

Negatives

Uncertain business life

Difficulty in raising capital or obtaining financing

# data[].attributes.body
A limited liability company is a corporate structure whereby the members of the company are not personally liable for the company's debts or liabilities.

# data[].attributes.body
A partnership is a formal arrangement in which two or more parties cooperate to manage and operate a business.