Map of Landeck

Map of Landeck for However, the high control of the business by the owner at the time means that the source of capital will be limited to the owner. The owner of a sole proprietorship is also responsible for unlimited liability, which is always a potential risk. partnership 637 A corporation, on the other hand, can raise capital by selling shares to the public. Unlike the owner of the sole proprietorship, the owner of the shares of a corporation, or the shareholders, could easily transfer the ownership through the stock market. Shareholders are also protected under limited liability. There is, of course, a price for all these advantages. It is relatively costly in terms of legal fees to file for incorporation. Map of Landeck 2016.

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