As a B Corporation, you differentiate your business from the growing barrage of green- and cause-marketing campaigns and stand out as a leader in the market, creating a clear path for others to follow. You also embed your values into your corporate governing documents so they can survive new investors, new management and even new ownership.
As the B Corporation community grows, your company will benefit from the:
When you join the B Corporation community, you gain access to:
Advantages of corporation include protected assets and heightened credibility. Disadvantages include loss of a personal touch, and ongoing expenses.
An advantage to having a corporation is limited liability. A disadvantage to having a corporation is the fact that income is taxed twice.
you can pay less in having one corporation in owning several hotel
Some advantages of having an S Corporation are allowing company owners to only be taxed once. Any profit made, goes to him so he will then be taxed once rather than twice.
Corporations have limited liability.
A corporation shields one from personal liability. A corporation can keep ownership confidential. A corporation may have income tax advantages.
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Advantages of corporation include protected assets and heightened credibility. Disadvantages include loss of a personal touch, and ongoing expenses.
An advantage to having a corporation is limited liability. A disadvantage to having a corporation is the fact that income is taxed twice.
List two advantages that corporation have over a small business
you can pay less in having one corporation in owning several hotel
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Some advantages of having an S Corporation are allowing company owners to only be taxed once. Any profit made, goes to him so he will then be taxed once rather than twice.
Advantages of a trendy high-tech corporation are that it would be at the forefront of the business world, giving clients access to the most up-to-date changes in the industry. Disadvantages could be that the corporation may be limited in its ability to evolve and may become irrelevant.
Corporations have limited liability.
Chairman and chief executive officer, KeySpan Corporation and KeySpan Energy Delivery Corporation