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TOPIC: TYPES OF BUSINESSES ACTIVITY SHEET 2weekGRADE 7 EMS 7[15 MARKS]1. List the names of three formal and informal businesses in your community. (3) ___ 2. Identify and list three services businesses,
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How to fill out topic types of businesses

01
Understand the different types of businesses such as sole proprietorship, partnership, corporation, and LLC.
02
Determine which type of business structure best suits your needs and goals.
03
Fill out the necessary paperwork and forms for the chosen business structure.
04
Obtain any required licenses or permits for your business.
05
Register your business with the appropriate government agencies.
06
Set up a business bank account and keep detailed records of your finances.
07
Consult with legal and financial professionals if needed to ensure compliance with regulations.

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Entrepreneurs looking to start a new business.
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Existing business owners looking to change their business structure.
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Legal professionals assisting clients with business formation.
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Government agencies overseeing business registrations and licensing.
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Topic types of businesses refer to the different categories or industries that businesses operate in, such as retail, healthcare, technology, etc.
All businesses, regardless of size or structure, are required to file topic types of businesses to classify their operations.
Topic types of businesses can be filled out by providing information about the primary industry in which the business operates, as well as any secondary industries.
The purpose of topic types of businesses is to categorize businesses based on their core activities and help with data collection and analysis.
Information that must be reported on topic types of businesses includes the primary industry classification, any secondary industries, and any changes in business activities.
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