# data[].attributes.body
an unincorporated business that has just one owner who pays personal income tax on profits earned from the business.

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the state of being a partner or partners.

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a company or group of people authorized to act as a single entity and recognized as such in law.

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A limited liability company is a business structure in the United States whereby the owners are not personally liable for the company's debts or liabilities.

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an authorization granted by a government or company to an individual or group enabling them to carry out specified commercial activities.

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1) Easy setup
2) Management flexibility

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1) Unlimited personal liability of the sole proprietor
2) Uncertain business life

# data[].attributes.body
1) 2 heads are better than one
2) your business is easy to establish and start-up costs are low.

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1)Liabilities
2)Loss of Autonomy

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1)personal liability protection
2)business security and continuity

# data[].attributes.body
1)Double taxation
2)Excessive tax filings

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1)Members have flexibility in structuring the company management.
2)Does not require as much annual paperwork or have as many formalities as corporations.

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1)Profits subject to social security and medicare taxes
2)Owners must immediately recognize profits

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1)Low failure rate.
2)Business assistance.

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1)Initial Payout
2)Royalty Payments

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1)a local grocery store
2)a local clothes store

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1) gopro and redbull
2)apple and mastercard

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1) apple
2) Walmart

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1)Anheuser-Busch
2)Blockbuster

# data[].attributes.body
1)McDonalds
2)subway