Why would someone decide to make their business a Sole Proprietorship, instead of a Corporation?

Which of the following is not a benefit of a Corporation?

Although Carla’s Sole Proprietorship business used to be small, her profits have recently started booming. This has made her concerned about her business being a Sole Proprietorship. What is probably concerning her about this business type?

Based on research and information from this course, re-reading content or reviewing notes is NOT an effective way to study.

Debbie’s business is in the maturity phase. What is most likely true of her financials?

A Corporation is always the best business type for a business to pursue.

Which of the following is not a disadvantage of a Corporation?

What are the two main types of stock?

Is it important for someone who works in marketing to have a core understanding of other business functions, such as finance?

Reuben’s business is in the introduction phase. What is most likely true of his financials?