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Explain the importance of career planning.What element should a person consider when choosing a career?
Incorporation
The process of legally declaring a business as a corporation, allowing it to operate as a separate legal entity from its owners.
Sole Proprietorship
An individual carrying on business alone.
Partnership
When the ownership and responsibilities of a business are shared by two or more people with a view toward profit.
Incorporation Process
The series of legal steps taken to form a legally recognized company or corporation.
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