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What are some of the advantages and disadvantages for a company such as Blimpie changing from private ownership to a corporate form of ownership?
Wiki User
∙ 14y ago
Many possible advantages:
- It may better protect owners personal assets from liability
- May allow for less taxes
- Better access to capital to grow business
Disadvantages
- Much more paperwork/transparency reporting required
- Possible shareholders ;-)
Wiki User
∙ 14y ago
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