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Comparing Business Forms: Sole Proprietorship vs. Limited Liability Company

Explore the differences between sole proprietorship and limited liability company in terms of operations, liabilities, and ownership structure. Gain insights into key aspects such as legal entity status, operational flexibility, and asset management. Learn about the benefits and risks associated with each business form.

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Comparing Business Forms: Sole Proprietorship vs. Limited Liability Company

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  1. Business forms around us Group 6: 蔡秀佳，朱敏仪，吴寅姗，郑雪芸，黄文丽，杜丹霞，谭雅倩，龚茵贤

  2. Lvgu Supermarket ------sole proprietorship • operating flexibility • unlimited liability

  3. McDonald’s ------limited liability company • an independent legal entity • chain franchise • assets of 2 million • full-time training and evaluation. • a unified standard

  4. Second cup of half price? • a 25% discount...... a 50% discount !? Tempting

  5. Chinese Redbud Study • Entrepreneurship Academy • the management right • 30% of the monthly profit • poverty alleviation funds

  6. Chinese Redbud Study • flexible on operational forms • (the bookstall, the storefront and the temporary stall) • The source of the goods

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