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QUESTION

Class, let's say that you are creating your own business.

Class, let's say that you are creating your own business. Let's assume it's a small business- either an entrepreneurship, a sole proprietorship, or a limited liability or general liability partnership. When deciding between one of the forms, what would you consider the most important thing is to consider? Taxes? Liability? Decision making control?

Give your ultimate choice as well as the reasons behind your choice.

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