About sole proprietorships and partnerships

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A potential client comes into your office and wants to know about Sole Proprietorships and Partnerships. They are considering starting a business, and maybe bringing on a friend to partner with. Summarize the key points of each entity type, focusing on pros and cons. Provide an example from the Internet, or make one up, to demonstrate the benefits or risks of the entity types. Then, find an article on the Registered Limited Liability Partnership, and explain why that may be a good alternative.

Reference no: EM132112105

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