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#Microsoft word resume templates 2015 how to
#Microsoft word resume templates 2015 download

A sole proprietor has unlimited liability for all obligations incurred by the business, whether from operating costs or judgments against the business. The owner operates the business alone and may hire employees.

Sole proprietorship: A sole proprietorship, also known as a sole trader, is owned by one person and operates for their benefit.

Société à responsabilité limitée (SARL)įorms of business ownership vary by jurisdiction, but several common entities exist:.

Gesellschaft mit beschränkter Haftung (GmbH).

Limited liability limited partnership (LLLP).

Scottish charitable incorporated organisation (SCIO).

Charitable incorporated organisation (England and Wales) (CIO).

A corporation is more complicated and expensive to set up, but offers more protection and benefits for the owners/members. The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company, such as a corporation or cooperative.Ĭorporations, in contrast with sole proprietors and partnerships, are a separate legal entity and provide limited liability for their owners/members, as well as being subject to corporate tax rates. The proprietor is personally taxed on all income from the business. A business structure does not allow for corporate tax rates. If the business acquires debts, the creditors can go after the owner's personal possessions. Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business. It is also "any activity or enterprise entered into for profit."

#Microsoft word resume templates 2015 download

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#Microsoft word resume templates 2015 how to

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Best Free Download Resume Templates For Microsoft Word 2007 2022.