New business journal | Accounting homework help



Assume that you are planning on opening your own new  business. Now, consider   the structure of a corporation and the financial  implications of   incorporation.  If you were to start this new business venture,  what factors   would you need to  take into consideration to determine if you want  to   incorporate or not? Explain  your rationale, detailing the specific effects or   ramifications for your  particular business. 

Your journal entry must be at least 200 words in length.  No references or   citations are necessary. 

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