Solved: Benefits to chose proprietorship as the business structure, Accounting Basics

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Benefits to chose proprietorship as the business structure

Task:

Explain the benefits of a proprietorship as compared with a LLC.

I would choose proprietorship as the business structure, if I were to set up an own Certified Public Accounting (CPA) practice. I know the benefits about cost, taxes, and sharing the profits with anyone.

Explain what are others benefits to chose proprietorship as the business structure.

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Accounting Basics: Benefits to chose proprietorship as the business structure

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