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Q: Why would entrepreneurs open themselves up to personal financial losses by choosing a proprietorship rather than a company form of an organization?
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What are financial statement of a proprietorship?

The financial statement of a proprietorship are its Balancesheet,Profit & Loss A/c,Trading A/c.


What are the three differences in financial statements for different forms of organization?

The three differences in financial statements for different forms of organization are:Sole proprietorship equity belongs to one owner. Partnership's equity belongs to the partners. Corporation's equity belongs to the shareholders.Distributions of cash or other assets to owners of a proprietorship or partnership are referred to as withdrawals. For a corporation, this are called dividends.Since the owner of a proprietorship is also the manager, no salary expense is reported on the income statement. The same goes for partnerships. With corporations, though, salaries paid to all employees, including the managers who are shareholders, are reported as expenses.


What is the difference between entrepreneurs and non entrepreneurs?

Entrepreneurs are willing to assume financial risks to create a profit; they start businesses. Non-entrepreneurs do not start businesses.


What is financial function in business organization?

financial functions of a business organization


What financial aid do poor South Asian entrepreneurs seek?

Microcredits


Should financial statements of a proprietorship include the owner's personal assets and liabilities?

is this for NYIT accounting class?


What financial aid do poop South Asian entrepreneurs seek?

I don't know what your asking


Would not appear on the financial statements for a sole proprietorship?

A sole proprietorship, also known as the sole trader, individual entrepreneurship or proprietorship, is a type of enterprise that is owned and run by one person and in which there is no legal distinction between the owner and the business entity. visit page: jeevanweddingarts .in/


How is the job of a financial manager in a nonprofit organization different from that of a financial manager with a profitseeking firm?

How is the job of a financial manager in a nonprofit organization different from that of a financial manager with a profitseeking firmRead more: How_is_the_job_of_a_financial_manager_in_a_nonprofit_organization_different_from_that_of_a_financial_manager_with_a_profitseeking_firm


What entrepreneurs are Individuals who have entered business as a result of financial hardship or other severe negative conditions?

reluctant


What is classification of entrepreneurs?

The classification of entrepreneurs is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. An alternate classification is a promoter in the entertainment industry.


What is the classification of entrepreneurs?

The classification of entrepreneurs is a person who organizes and operates a business or businesses, taking on greater than normal financial risks in order to do so. An alternate classification is a promoter in the entertainment industry.