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What are the advantages and disadvantages of doing business as an Corporation?
Wiki User
∙ 13y ago
advantages; limited liability of investors maybe others ability to raise more money, corporations can also borrow money,perpetual life ease of ownership change ease of attracting talented employees
disadvantages-initial cost,extensive paperwork, double taxation, tax two returns, size,difficulty of termination, possible conflict with stock holders and board of directors.
Wiki User
∙ 13y ago
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