What's Health


For this reason, a comparatively new enterprise structure, a limited liability company , is out there; this construction combines the pass-through taxation advantages of a partnership with the limited-liability benefits of a company. A corporation is a enterprise during which a group of people acts together as a single entity; most commonly, owners of an organization are shareholders who exchange consideration for the corporation's frequent stock. Incorporating a enterprise releases house owners of the financial liability of enterprise obligations; however, a corporation has unfavorable taxation guidelines for the homeowners of the enterprise. Businesses typically have necessary "mental property" that needs protection from opponents for the company to remain worthwhile. This may require patents, copyrights, emblems, or preservation of commerce secrets. Most companies have names, logos, and similar branding strategies that could benefit from trademarking.


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