Having a strategic plan in place for the venture enables the entrepreneur to choose a legal form that won't have to be changed or one that can easily be shifted to when the time is right.
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Q14: _ partners typically provide capital but do
Q15: Sole proprietorships, partnerships, S-corporations, and limited liability
Q17: In forming a _, the entrepreneur gives
Q18: Common stockholders are entitled to vote at
Q20: A high-growth venture cannot be started as
Q20: In terms of its treatment of income,
Q21: The most significant disadvantage of the sole
Q22: Each partner owns and has use of
Q23: By creating a corporation and issuing stock,
Q24: In a/an _, corporate stock is owned
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