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Essentials of Contemporary Business by David L. Kurtz, Louis E. Boone

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Small Business and Forms of Business Ownership

Learning Objectives

image Discuss why most businesses are small businesses.

image Determine the contributions of small businesses to the economy.

image Discuss why small businesses fail.

image Identify the available assistance for small businesses.

image Outline the forms of private business ownership.

image Describe public and collective ownership of business.

image Discuss organizing a corporation.

image Explain what happens when businesses join forces.

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