ESB Domain 1 Test

Front

No ownership, no US Federal taxes

Back

Non-Profit

Front

Best for international business, even with being double-taxed: S Corporation, Partnership, Non-Profit, Sole Proprietorship, C Corporation

Back

C Corporation

Front

Easy to create, but comes with unlimited liability

Back

Sole Proprietorship

Front

Lower tax rate that prevents the company from being double-taxed

Back

S Corporation

Front

Ideal for a single owner seeking limited liability protection

Back

Limited Liability Corporation (LLC)

Front

Shared financial backing: S Corporation, Partnership, Non-Profit, Sole Proprietorship, Limited Liability Corporation (LLC)

Back

Partnership

Front

Creates the company

Back

Founder

Front

Oversees company finances

Back

Chief Financial Officer (CFO)

Front

This business is Easy to create, but comes with unlimited liability

Back

Sole Proprietorship

Front

This business is best for international business owners.

Back

C Corporation