Buisness by Dylan Prete https://padlet.com/01dprete/spd9ph14urk5 By Dylan Prete en-us 2018-10-01 13:04:29 UTC 2025-11-09 22:42:07 UTC hello@padlet.com Definitions 01dprete https://padlet.com/01dprete/spd9ph14urk5/wish/287574611 Sole proprietorship - A business ran by one person. 

Partnership - An agreement where parties agree to work together for the benefit of each. 

Corporation - A group of people that work as one to run a business

Limited Liability Company - A business where the members of the business aren't liable for the company's debt.]]> 2018-10-01 13:06:35 UTC https://padlet.com/01dprete/spd9ph14urk5/wish/287574611 2 positives and 2 negatives 01dprete https://padlet.com/01dprete/spd9ph14urk5/wish/287601438 Sole proprietorship positives - Easy formation and easy disillusion

Sole proprietorship negatives - Limited resources and limited business life

Partnership positive - Easy organization and combined knowledge

Partnership negatives - split profits and limited sources of funds

Corporation positive - can raise more money and have a continuous life span

Corporation negatives - double taxation and government regulations are expensive

Limited Liability company positives - owner can retain control and the company doesn't die if the owner dies]]> 2018-10-01 13:45:41 UTC https://padlet.com/01dprete/spd9ph14urk5/wish/287601438 2 exampels 01dprete https://padlet.com/01dprete/spd9ph14urk5/wish/287616344 Sole proprietorship - single person art studio and Local grocery store 

partnership - Apple + Hermes and Spotify and Starbucks 

corporation - 7 eleven and ABC
 
Limited Liability company - Chrysler and kaiser]]> 2018-10-01 14:07:02 UTC https://padlet.com/01dprete/spd9ph14urk5/wish/287616344 Sole proprietorship 01dprete https://padlet.com/01dprete/spd9ph14urk5/wish/287636229 2018-10-01 14:33:37 UTC https://padlet.com/01dprete/spd9ph14urk5/wish/287636229 Partnership 01dprete https://padlet.com/01dprete/spd9ph14urk5/wish/287636569 2018-10-01 14:34:03 UTC https://padlet.com/01dprete/spd9ph14urk5/wish/287636569 corporation 01dprete https://padlet.com/01dprete/spd9ph14urk5/wish/287636890 2018-10-01 14:34:28 UTC https://padlet.com/01dprete/spd9ph14urk5/wish/287636890 Limited liability comapny 01dprete https://padlet.com/01dprete/spd9ph14urk5/wish/287637142 2018-10-01 14:34:51 UTC https://padlet.com/01dprete/spd9ph14urk5/wish/287637142