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Liability Company Organized under the Laws of the State of , Hereinafter Grantee, the Form

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Liability Company Organized under the Laws of the State of , Hereinafter Grantee, the Form

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module three small business models and closely held corporations operating a small business isn't easy and these businesses fail at a staggering rate every year over a million people in the United States formed small businesses and by the end of the first year of operation at least 40 percent will go bankrupt within five years more than 80 percent will have failed the small businesses structure affects how much an owner pays in taxes the paperwork he files how he raises capital to grow the business and most importantly his personal liability so the owner must choose carefully and wisely there could be restrictions on converting the business structure and attempting to do so could lead to numerous tax consequences and even unintended dissolution the simplest small business and entrepreneur conform is a sole proprietorship it is the least expensive to establish the owner makes all decisions and keeps all profits since the proprietorship isn't a formal business entity howe

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