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ESB Certification/12 Questions and answers/100% Accurate
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ESB Certification/12 Questions and answers/100% Accurate
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ESB Certification/12 Questions andanswers/100% Accurate
C Corporation - -Double taxed, shareholders and corporation, great for
international businesses
-S Corporation - -Lower tax, pay on personal income only, like the C
corporation but for smaller businesess.
-LLC - -great for individuals with low risks
-nonprofit organization - -owned by no one, no tax paid
-HUD - -Help America's housing needs and improve communities.
-SBA - -administrate loans and grants and provides education to
entrepeneurs and small business.
-SCORE - -Partner of SBA, provides business mentoring from volunteers to
help establish small business owners.
-Harvesting - -Merging/acquisition a business
-Management buyout - -Transfering ownership to people who already
operate the business
-Employee stock ownership - -Business owner sell business to fund
retirement for employees
-Initial public offering - -Selling shares into the public
-USDA - -Provide leadership on food
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