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2. Business plan - Wikipedia

   en.wikipedia.org/wiki/Business_plan

   For example, a business plan for a non-profit might discuss the fit between the business plan and the organization's mission. Banks are quite concerned about defaults, so a business plan for a bank loan will build a convincing case for the organization's ability to repay the loan.

3. Sole proprietorship - Wikipedia

   en.wikipedia.org/wiki/Sole_proprietorship

   Unlike many other business entities, the sole proprietorship lacks a clear distinction between personal and business income. [23] The business owner is personally liable for income tax and National Insurance contributions due on the business profits in each tax year. They are also personally liable for any debts the business incurs. Business ...

4. Privately held company - Wikipedia

   en.wikipedia.org/wiki/Privately_held_company

   The owner may operate on his or her own or may employ others. The owner of the business has total and unlimited personal liability for the debts incurred by the business. This form is usually relegated to small businesses. Partnership: A partnership is a form of business in which two or more people operate for the common goal of making a profit ...

5. How to Calculate a Business Owner’s Salary - AOL

   www.aol.com/finance/calculate-business-owner...

   Small business owners in the United States make between $83,000 to $126,000 on average, depending on their industry and location. Keep in mind that many business owners do not take a salary in the ...

6. Mutual organization - Wikipedia

   en.wikipedia.org/wiki/Mutual_organization

   Mutualization or mutualisation is the process by which a joint stock company changes legal form to a mutual organization or a cooperative, so that the majority of the stock is owned by employees or customers. [4] Demutualization or demutualisation is the reverse process, whereby a mutual may convert itself to a joint-stock company. This process ...

7. Do you need a financial advisor as a small business owner? - AOL

   www.aol.com/finance/financial-advisor-small...

   A financial advisor for business owners can help you pick a plan that’s suited for your company’s size and structure. “We’re also able to illustrate the benefits of the retirement plan to ...