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Copyright 2006
Cornell University.
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Legal Forms of Business Ownership

Another important task is to evaluate which of the four basic legal forms of ownership is right for your business:

Each has advantages and disadvantages that you should weigh according to your personal and business goals. The U.S. Small Business Administration is a great resource ( It provides materials to help you decide which business ownership to pursue. Use the summary below as an introduction to the basics of the legal forms of business ownership options.




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