Obtaining outside equity financing can only be done if your business is organized as: a partnership,a corporation,or a limited liability company.

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This is because outside investors are not able to invest in sole proprietorships or general partnerships since these entities do not have separate legal identities from their owners. On the other hand, corporations or limited liability companies are distinct legal entities that can issue shares to investors in exchange for equity financing.

Obtaining Outside Equity Financing Can Only Be Done If Your