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kirsten dowdy
on Nov 09, 2024

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Although the ability to raise capital is better with a partnership than with a proprietorship, a partnership still cannot usually gather as many resources as a corporation.

Raise Capital

The process of obtaining funds to finance projects, operations, or investments by businesses or individuals.

Partnership

A sanctioned business partnership consisting of at least two people who equally divide management tasks and profit earnings.

Proprietorship

A business owned and run by one individual, where there is no legal distinction between the owner and the business.

  • Recognize the merits and limitations of different commercial frameworks.
  • Acquire insight into the different business ownership models and their specific characteristics.
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Brett LowienNov 11, 2024
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