INTRODUCTION TO ENTREPRENEURSHIP
CHARACTERISTICS OF AN ENTREPRENEUR
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Corporation
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. Franchise
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Partnership
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Sole proprietorship
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Detailed explanation-1: -Sole proprietorships As a sole proprietor, you own the business and are responsible for any debts and other obligations. Although they’re relatively simple, sole proprietorships tend to expose business owners to higher risk than other types of business ownership.
Detailed explanation-2: -The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation.
Detailed explanation-3: -A partnership business, by definition, consists of two or more people who combine their resources to form a business and agree to share risks, profits and losses. Common partnership business examples include law firms, physician groups, real estate investment firms and accounting groups.
Detailed explanation-4: -Handyman. Image Source. Woodworker. Online Dating Consultant. Sewing and Alteration Specialist. Freelance Developer. Personal Trainer. Freelance Graphic Designer. Life/ Career Coach. More items •13-Apr-2023