Business Structure

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Business Structure

The way a business is organized. The business structure states who owns the company, how profits are distributed and which managers perform what jobs. It is also important for tax and liability purposes, as companies are often taxed differently from each other and managers may have differing levels of responsibility in the event of wrongdoing or a lawsuit. In the United States, the three business structures recognized by the IRS are sole proprietorship, partnership and corporation. Other structures that are legally important (but not for tax purposes) include limited liability company, S-Corporation, and C-Corporation.
References in classic literature ?
It was almost thirty years since he had been called in to create the business structure of telephony, and to shape the general plan of its development.
Looking to the future, Toshiba will continue to refine optimal business structures for securing stable profit, and to develop new technologies and services across its diverse business fields.
Strategic management is management activity on setting and realization of long-term aims, maintenance of effective relations of business structures with their environment with corresponding of the set aims and the internal possibilities.
LAW firms are reporting diminishing interest in external investment and alternative business structures according to the Baker Tilly LSA (Legal Services Act) survey.
The change to alternative business structures (ASB), which allows external investment, is one of the measures contained in the Legal Services Act, due to become law later this year.
Section Three covers; Building Blocks to Retiring Rich with accompanying chapters; The Allure of Real Estate, Becoming a landlord: Investing in Income Property, Becoming a Lender: Investing in Real Estate-Backed Notes, Buying Options: The Ultimate In-and-Out Transactions, Alternative Sources for Real Estate, Business Structures, Owning a Business, Buying Precious Metals.
The free guide gives a basic overview of farm business structures and tax planning to help farmers and landowners look ahead and plan farm enterprise changes with confidence.
targeting one's ideal market, the pros and cons of different business structures, how to expand successfully, guidelines for recruiting and hiring, and much more.
Q I am launching my own small business venture, but I have some questions regarding business structures.
Combines managerial accounting with business structures and contains approximately 40% of previously untested content.
The USDA/Purdue report also forecasts that changing business structures of the food production and delivery system will have a serious impact on the agricultural job market.
Recent business events reflect the increasing use of complex business structures that include off-balance-sheet entities," said Chuck Landes, Director of Audit & Attest Standards.

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