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Your Client Has Operated a Sole Proprietorship for Several Years

question 79

Essay

Your client has operated a sole proprietorship for several years, and is now interested in raising capital for expansion. He is considering forming either a C corporation or an LLC.
Your client has operated a sole proprietorship for several years, and is now interested in raising capital for expansion. He is considering forming either a C corporation or an LLC.


Definitions:

Congruence

The degree of alignment between an individual’s values, beliefs, and behaviors, or between different elements of an organization or system.

Alignment

The process of adjusting or arranging various parts or aspects of something to achieve harmony, ensure proper positioning, or mutually reinforcing direction.

Synchronization

The process of coordinating or aligning processes, systems, or activities in time to achieve a coherent operation.

Rich Communication Medium

A means of communication that is capable of conveying a range of cues such as body language, tone of voice, and facial expressions, facilitating deeper understanding.

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