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Explain one benefit to an entrepreneur of starting a business as a private limited company

Explain one benefit to an entrepreneur of starting a business as a private limited company
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Explain one benefit to an entrepreneur of starting a business as a private limited company

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User Benjamin Autin
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It is easier to borrow money or capital without risk for the entrepreneur

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User Ken Anderson
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the risk is less than that of a sole trader or a partnership because limited companies have limited liability. meaning that if the business is in debt a limited company would only pay with the capital/assets of the business whereas a sole trader or partnership would have to pay with their own personal assets.

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User Aditi Rawat
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