One advantage to forming a corporation is the fact that you aren't exposed to personal liability. One disadvantage is the fact that it can be expensive to start one compared to starting a proprietary business.
slowness of decison making process
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.
Disadvantages Resources are limited financing available for growth is not sufficent Advantages Resources areused efficently adopts new tehhnologies quickly
Disadvantages Resources are limited financing available for growth is not sufficent Advantages Resources areused efficently adopts new tehhnologies quickly
Disadvantages Resources are limited financing available for growth is not sufficent Advantages Resources areused efficently adopts new tehhnologies quickly
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.
Advanatages: Limited Liability, Ease of transferability, ability to raise capital, unlimited life (perpetual lifetimes) Certain expenses are tax deductible Disadvantages: Double Taxation, Forming a corporation costs more, States have higher fees, more state and federal regulations and oversight
There are several different legal forms of a business. One can form a corporation, limited liability corporation, partnership, or sole proprietorship. All of them have advantages and disadvantages.
Advantages and Disadvantages of equity
advantages and disadvantages
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One advantage to having a modern corporation is the fact that they can better manage their costs and employees based on information from research. A disadvantage to having a modern corporation is the fact that they generally aren't socially responsible.