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The size and scope of the business agency and its construction, administration, and possession, broadly analyzed in the idea of the agency Usually, a smaller enterprise is extra flexible, while bigger businesses, or those with wider ownership or more formal constructions, will normally are typically organized as corporations or (much less often) partnerships. In addition, a enterprise that needs to raise money on a stock market or to be owned by a wide range of people will often be required to undertake a particular authorized kind to do so.
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