https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc Chase Rokisky en-us 2022-02-09 18:38:06 UTC 2022-02-09 19:13:18 UTC hello@padlet.com 05crokisky https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc/wish/2038653411 A business that is owned and ran by one single person. 

Ex. A Financial Planner, Home healthcare business

Positives - You gain 100 percent of the money, Easy Set up

Negatives -Unlimited Liability, Difficult to raise money]]> 2022-02-09 18:51:42 UTC https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc/wish/2038653411 05crokisky https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc/wish/2038672371 A business that is consisted of 2 or more people who distribute income between themselves.

Ex. Spotify, Uber

Positives - You have an extra set of hands, You have more brains involved

Negatives - You split profits, Arguments]]> 2022-02-09 19:00:14 UTC https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc/wish/2038672371 05crokisky https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc/wish/2038683310 Declares separate, legal entity guided by a  group of officers known as the board of directors 
 
Ex.  Apple, Walmart

Positives -Easy Transfer Ownership, limited personal Liability

Negatives- Double taxation, States have higher fees.]]> 2022-02-09 19:05:18 UTC https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc/wish/2038683310 05crokisky https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc/wish/2038692668 A Business Structure allowed by state statue.

Ex. Sony, Nike

Positives -Easy Start up, Management is flexible

Negatives-Public disclosure, Income is taxed]]> 2022-02-09 19:09:39 UTC https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc/wish/2038692668 05crokisky https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc/wish/2038699524 The owner licenses its operations.

Ex. Subway, McDonald's

Positives -Access to better talent, Easy expansion

Negatives- Growth risk, weaker community]]> 2022-02-09 19:13:10 UTC https://padlet.com/05crokisky/wlmp1uw6i7r5b9gc/wish/2038699524