This essay focuses on the business acquires debts. A business structure does not allow for corporate tax rates. The proprietor is personally tax on all income from the business.

the business acquires debts

Locate an article or resource (Pls find one article)  that recognizes: – the value of thinking of human resources as “human capital”.   Connect the key points in this week’s reading from Reed relate to aligning HR to business strategy with the article. Base on your article and your understanding of the value of human capital to the business. What are  2-3 perspectives  that you believe HR needs to emphasize within organizations?.

Simply put, it is “any activity or enterprise entered into for profit.

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 incur by the business. If the business acquires debts, the creditors can go after the owner’s personal possessions. A business structure does not allow for corporate tax rates. The proprietor is personally tax on all income from the business.

The term is also often used colloquially (but not by lawyers or by public officials) to refer to a company. A company, on the other hand, is a separate legal entity and provides for limited liability. A company structure is more complicated and expensive to set up, but offers more protection and benefits for the owner.

The owner operates the business alone and may hire employees.

A sole proprietor has unlimited liability for all obligations incur by the business, whether from operating costs or judgments against the business. All assets of the business belong to a sole proprietor, including. For example, a computer infrastructure, any inventory, manufacturing equipment, or retail fixtures. As well as any real property owned by the sole proprietor.

A partnership is a business own by two or more people. In most forms of partnerships, each partner has unlimited liability for the debts incur by the business. The three most prevalent types of for-profit partnerships are general partnerships, limited partnerships, and limited liability partnerships.

Submission words

Firstly, most

Secondly, those

Thirdly, must

Further, when

Lastly, but

Finally, from