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Why do many business owners prefer corporations over other forms of business organization?
If a business is a sole proprietorship (one owner) or a partnership (more than one owner) and it fails financially then the owners can be liable for the debts of the business. This means that any assets (houses, cars, personal bank accounts) can be seized and sold to satisfy the creditors of the business. However, if the business is incorporated (Inc.) then if it fails only the assets held by the corporation itself can be attached. The "officers" of the corporation (usually the true owners) are not liable for the debt as long as they did not do anything illegal within the framework of the business/corporate contract. So by incorporating the owner is protecting his personal assets as separate from the business.
What else can I help you with?
Is consultant insurance a requirement for business consultants?
Consultant insurance is not required for people who work as business consultants. However, many clients will prefer people who are insured as they will probably be more reliable.
What type of insurance would be most affordable and still provide death benefits if one of owners dies?
I think ulip is the best option in insurance. I prefer Aegon Religare for ulip plans.
Are there any grants to start a home base business?
Grants for for profit businesses are actually hard to comeby because most organizations prefer to give grants to educational and charitable groups.
Explain three reasons why some entreprenuers may prefer to keep their businesses small?
-To have a personal relationship with their customers. -Keeps most profits. -The business will be easier to operate since the structure is not too big. -The owner will be better informed about the day to day operations and business transactions.
What is collateral as it relates to the business?
The word collateral in business is that the bank has rights to take away your collateral or something that you put in stock that you own. For example, John owns a farm and he took a loan. The problem is that he didn't deposit his loan in the bank back, so the bank took his collateral that he put in the bank if he didn't pay his loan back. So that is why the bank has John's farm. So I prefer that if you take a loan, then pay your loan back. Or else your collateral is bye-bye.
Who are the owners of victaulic?
The owners prefer to stay out of the spotlight.
What is defined in the corporate strategy?
Corporate strategy is when the direction of a corporation cooperates with its various business operations work to achieve particular goals. Corporations prefer this strategy over others.
Corporations prefer bonds over preferred stock for financing their operations because?
jhj
Definition of investment houses?
Investment houses are houses that are owned by an individual or a business, but are meant for earning rental income. The owners do not live in them because they prefer occupants who will pay up the rent.
Why does my dog refuse to poop in front of me?
Dogs may not feel comfortable pooping in front of their owners due to a natural instinct to be vulnerable while doing their business. They may prefer privacy to feel safe and secure.
What Type Of Business Should I Prefer?
Usually, the very best business for you may be the one that you are most skilled and interested. While you take a look at options, you may decide to consult local experts and business owners concerning the growth potential of numerous companies in your town. Matching your background with the local market increases the time of success.
Do dogs prefer to sleep alone or do they enjoy sleeping with their owners?
Dogs can enjoy sleeping with their owners for comfort and security, but some may also prefer to sleep alone for personal space. It ultimately depends on the individual dog's preferences and habits.
How can you get in touch with someone to talk to about becoming rich?
There are various ways to communicate but many wealthy elite prefer an indirect method via books, blogs, websites, Twitter, etc.The most direct way is through associations such as businesses owners associations, professional start-up groups, etc.Another good resource is the Small Business Administration which has mentoring programs. The mentors may be retired business owners, business consultants, business attorneys as well as business financial consultants. Also, the Chamber of Commerce in a local area my have a registry of local professional associations.Try local business owners. Some are actively mentoring through local business clubs, churches and may be engaged in charity works through agencies such as the United Way.
Quotation about people prefer for what kind of business?
pharmaceutical products
Why do business people prefer a current account?
for regular transctions
What type of constitution would you prefer?
I prefer a preserved written Constitution for a Republic. Also, a Constitution written on ricepaper and doused with raspberry culi would be good, as long as the whole country wasn't run by media corporations :)
What would plantation owners prefer slaves instead of indentured servants?
they coulld use slaves longer
