Financing & Supporting Business Organizations
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Title: Financing & Supporting Business Organizations

Essay Details:

Subject: Business
Author: Robert C
Date: January 13, 2017
Level: University
Grade: A
Length: 2 / 591

Essay text:

Businesses can invest in future growth by obtaining a loan, which can help improve the business by hiring more workers or buying machines or physical capital that can help increase productivity. Businesses can also invest in future growth by saving some of their profit in the bank. The first type of business organization is the sole proprietorship, which is where one individual runs the business, makes all of the decisions, and keeps all of the profit earned. The disadvantage of a sole proprietorship is their limited access to resources, unlimited liability, and the fact that they do not last very long...

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