Suggest three of the most important government characteristics for successful small business development.
A proprietorship is a business that has one owner. Most proprietorship's are small businesses.
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Following are the characteristics of some industries which identify them as small-scale industries:Labor intensive, Flexibility, One-man show,Localized operation, Educational level, and Profit motive
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Brendan Toland has written: 'Characteristics and motivations of the entrepreneur/small business owner in the hospitality industry'
The characteristics of a business include wanting to earn a profit and exchanging goods and services. A business also involves risks and is an entrepreneurship .
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The characteristics of your internal customers are many. One is that they are within your business and they provide some type of service to your business.
Your business tax responsibilities will range depending on whether you hire personnel, how your enterprise is legally organized (sole proprietor, partnership, corporation, S-corporation, LLC, and so forth.), and the characteristics of the business you conduct. To find out about your specific business enterprise tax obligations, contact the IRS to get publication 334, Tax guide for Small Business.
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