Wednesday, August 22, 2007
Chapter 2 Part 2, Legal Forms of Business Ownership
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Podcast Episode Summary
We're in chapter 2 and discuss the different forms of business ownership including the Sole Proprietorship ("DBA"), General and Limited Partnerships, and Corporations. In the next section we review Sub S Corps, the Limited Liability Company ("LLC"), and the Professional Corporation. We talk about the features and benefits of each (e.g., limited liability), regulatory burders, and tax effects.
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