LECTURE OUTLINE AND LECTURE NOTES
III. Types of Business Ownership. Learning objective 2. Discuss the types of business ownership and the advantages and disadvantages of each. (Text pages 144-151) A. About 650,000 new businesses are started in the U.S. each year. 1. Two-thirds of these businesses survive at least two years. 2. However, about 56% will fail in the first four ... ................
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