The first step in forming a sole proprietorship is filing out the appropriate paperwork and paying the necessary filing fees with the secretary of state in the state where the business will operate.
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Q1: Susan has recently graduated from a reputed
Q3: Owners of sole proprietorships are personally responsible
Q4: General partnership is the dominant form of
Q5: The vast majority of LLCs elect to
Q6: Most sole proprietorships are small businesses with
Q7: A corporation is a voluntary agreement under
Q8: A corporation is the most common type
Q9: The owner of a sole proprietorship must
Q10: Once the form of ownership for a
Q11: A sole proprietorship is subject to double
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