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I will pay for the following article BUSINESS PROPOSAL. The work is to be 5 pages with three to five sources, with in-text citations and a reference page.

I will pay for the following article BUSINESS PROPOSAL. The work is to be 5 pages with three to five sources, with in-text citations and a reference page. Small Business Administration (SBA) is the Guam’s government official agency that deals with helping in the formulation of business plans and securing funds necessary for its establishment. In the Business plan, investors should include the legal structure of the company. This would be determined by the following factors. investor’s ownership, management responsibilities and tax consequences. The various types of businesses include. sole proprietorship which has advantages like quicker tax preparations, low start up costs and ease of money handling. Its disadvantages include. personal liability and lack of financial control. In the case of starting a corporation, a type of business which has legal rights that separate its liability from the owners’ and it’s chartered by the state (Norman, 1999). To start this kind of business in Guam, investors are required to pay a filing fee of 50$. This levy is used to fill by-laws and articles of incorporation at the Guam Department of Revenue and Taxation. A corporation that seeks to be taxed as a corporation is called a “C” corporation. It pays federal and income tax on earnings while those that don’t pay income tax on their proportionate shares are called “S” corporations.

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