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• Explain The Advantages, Process For Incorporation, And Options For Corporate Financing

Satisfactory Essays

Your sole proprietorship or partnership is growing, and you plan to establish a corporation. Explain the advantages, process for incorporation, and your options for corporate financing.

Depend of the size of my business, I would definitely think to incorporate my business. Some of the advantages would be growing my corporations can be attractive for some investors. That will give more resources, capital to expand my business. Incorporating my business can help me to earn more clients and partners. Another advantage is secure my assets from my personal belongings. As a corporation’s owner, I will have limited liability protection which allow me to acquire personal assets without a risk. And lastly, as a corporations, I would have the door

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