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16.8: Concluding Thoughts

  • Page ID
    49140
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    Depending on a business’s type and goals, different business entities may fit the needs of owners better than others. It is important when starting a business to decide how to minimize tax and liability exposure and to maximize profits. Because there is no perfect “fit” for every business need, understanding the advantages and disadvantages of the various business entities is important.


    This page titled 16.8: Concluding Thoughts is shared under a CC BY 4.0 license and was authored, remixed, and/or curated by Melissa Randall and Community College of Denver Students via source content that was edited to the style and standards of the LibreTexts platform; a detailed edit history is available upon request.