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      <title>Business Ownership - Ben Moore by Benjamin Moore</title>
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      <description></description>
      <language>en-us</language>
      <pubDate>2021-01-07 19:56:57 UTC</pubDate>
      <lastBuildDate>2024-11-21 19:56:22 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>Definition</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1064986739</link>
         <description><![CDATA[<div>a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 19:59:23 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1064986739</guid>
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      <item>
         <title>Definition</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1064989025</link>
         <description><![CDATA[<div>a formal arrangement by two or more parties to manage and operate a business and share its profits</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:00:00 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1064989025</guid>
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      <item>
         <title>Definition</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1064992787</link>
         <description><![CDATA[<div>an organization—usually a group of people or a company—authorized by the state to act as a single entity and recognized as such in law for certain purposes</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:00:57 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1064992787</guid>
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      <item>
         <title>Definition</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1064995890</link>
         <description><![CDATA[<div> the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:01:46 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1064995890</guid>
      </item>
      <item>
         <title>Definition</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1064997764</link>
         <description><![CDATA[<div>a method of distributing products or services involving a franchisor, who establishes the brand's trademark or trade name and a business system</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:02:16 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1064997764</guid>
      </item>
      <item>
         <title>Pros</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065002362</link>
         <description><![CDATA[<div>Little to no restrictions<br>Low startup cost</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:03:29 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065002362</guid>
      </item>
      <item>
         <title>Cons</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065002787</link>
         <description><![CDATA[<div>Hard to raise money<br>unlimited liability</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:03:36 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065002787</guid>
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      <item>
         <title>Examples</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065003052</link>
         <description><![CDATA[<div>Local restaurants<br>Home based businesses</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:03:40 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065003052</guid>
      </item>
      <item>
         <title>Pros</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065003367</link>
         <description><![CDATA[<div>More people to split work with<br>Additional ideas and knowledge</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:03:46 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065003367</guid>
      </item>
      <item>
         <title>Cons</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065003614</link>
         <description><![CDATA[<div>Potential conflicts/arguments<br>divided profits</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:03:50 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065003614</guid>
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      <item>
         <title>Examples</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065003772</link>
         <description><![CDATA[<div>Spotify &amp; Uber<br>Red Bull &amp; GoPro</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:03:53 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065003772</guid>
      </item>
      <item>
         <title>Pros</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065004065</link>
         <description><![CDATA[<div>Ability to raise capital<br>centralized management</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:03:57 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065004065</guid>
      </item>
      <item>
         <title>Cons</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065004225</link>
         <description><![CDATA[<div>increased legal expenses<br>double taxation</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:03:59 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065004225</guid>
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      <item>
         <title>Examples</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065004371</link>
         <description><![CDATA[<div>Amazon<br>Apple</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:04:02 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065004371</guid>
      </item>
      <item>
         <title>Pros</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065004662</link>
         <description><![CDATA[<div>The company does not have to distribute income equally<br>There are less legal requirements</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:04:07 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065004662</guid>
      </item>
      <item>
         <title>Cons</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065004862</link>
         <description><![CDATA[<div>Different states may have different regulations for the company<br>It is more difficult to raise capital</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:04:09 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065004862</guid>
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      <item>
         <title>Examples</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065005288</link>
         <description><![CDATA[<div>Sony<br>Nike</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:04:12 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065005288</guid>
      </item>
      <item>
         <title>Pros</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065006063</link>
         <description><![CDATA[<div>better branding<br>less investment</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:04:20 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065006063</guid>
      </item>
      <item>
         <title>Cons</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065006216</link>
         <description><![CDATA[<div>franchise costs<br>loss of independence</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:04:22 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065006216</guid>
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      <item>
         <title>Examples</title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065006439</link>
         <description><![CDATA[<div>McDonald's<br>KFC</div>]]></description>
         <enclosure url="" />
         <pubDate>2021-01-07 20:04:25 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065006439</guid>
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      <item>
         <title></title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065010378</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-01-07 20:05:24 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065010378</guid>
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      <item>
         <title></title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065012272</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-01-07 20:05:55 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065012272</guid>
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         <title></title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065015309</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-01-07 20:06:43 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065015309</guid>
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      <item>
         <title></title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065017222</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-01-07 20:07:13 UTC</pubDate>
         <guid>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065017222</guid>
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      <item>
         <title></title>
         <author>04bmoore</author>
         <link>https://padlet.com/04bmoore/r1gijgvnwntgvd2o/wish/1065021593</link>
         <description><![CDATA[]]></description>
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         <pubDate>2021-01-07 20:08:24 UTC</pubDate>
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