Which type of business organization can generally raise the LEAST money for business growth?
a. Sole proprietorship b. Partnership c. Corporation It would generally be a sole proprietorship in that multiple people tend to have more capital than individuals. Moreover, groups willing to lend tend to offer more at cheaper rates if they can collateralize against more individuals. Corporations can issue stock or debt to increase capital.
Related Questions
- My organization has more than one type agency business for example Chemical, Stones, Metal and Equipment. Can Indentus take care of all that?
- Can I rent the Hall and put on a benefit concert to raise money for my favorite nonprofit organization?
- How can All Star Accounting save my business/organization money?
