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 Business that is registered by the state and  operates apart from its owners A corporation lives on after the owners ha...
 Owners  of a corporation In smaller corporations, the founders  generally hold the majority of the stock This gives th...
 Limited  Liability More professional appearance Continuous life regardless of changes in  ownership Structured to acc...
 Expensive to set up $500-$2500 to set up a corporation Income is more taxed
 Dividends are paid to shareholders as profits  are produced and stock value increases Board of Directors handles all da...
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Corporations

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Corporations

  1. 1.  Business that is registered by the state and operates apart from its owners A corporation lives on after the owners have sold their interests or passed away Ownership or equity in a corporation is represented by shares of stock
  2. 2.  Owners of a corporation In smaller corporations, the founders generally hold the majority of the stock This gives them the power to make policy decisions
  3. 3.  Limited Liability More professional appearance Continuous life regardless of changes in ownership Structured to accommodate employee benefits
  4. 4.  Expensive to set up $500-$2500 to set up a corporation Income is more taxed
  5. 5.  Dividends are paid to shareholders as profits are produced and stock value increases Board of Directors handles all day-to-day management decisions

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