Sole proprietorship and changing to corporation

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Reference no: EM13878473

Jumpin-JehoSaphats is owned by Jessica Jean (JJ) Saphats. Jessica wants to incorporate her business but is not sure of the differences between the current form of sole proprietorship and changing to a corporation. She has come to you to discuss the future of her company.

Discuss in detail the requirements of incorporating JJ’s company. What are the advantages and disadvantages of this plan? What must she do to become a corporation?

Reference no: EM13878473

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