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The Dominican Corporation
The most common business entity in the Dominican Republic is the corporation, locally called “Sociedad Anónima” (S.A.) or “Compañía por Acciones” (C. por A.). As corporations in other countries, Dominican corporations are legal persons which exist independently of its shareholders. Likewise, the liability of the shareholders is limited to the amount of their contribution to the corporation. The Dominican Commercial Code provides for the existence of other business entities such as partnerships (“sociedad en nombre colectivo”), limited partnerships(“sociedadesencomandita”)and joint ventures (“sociedades en participación”). These structures, however, are seldom used because they are subject to the same tax treatment as corporations while lacking its limited liability component.

Other true owners Related Articles

5 Steps to a Live Marketing Plan
It’s true. Failure to plan is planning to fail. When I’m talking with business owners and marketing people I’m often asked,

The Entrepreneur As Systems Thinker: Getting Down to Basics
In my last article, I discussed the unique quality that makes world class entrepreneurs different than simply owners of businesses. I said that true entrepreneurs are Systems Thinkers. I then went on to define that peculiar quality of systems thinking that true entrepreneurs are blessed with. (If you have not read that article, please do so. It will provide you with a platform of understanding to better relate to this article: Getting Down to Basics of Systems Thinking.)

How To Know When To Fire A Client Or Customer, According To Your Strategic Thinking Business Coach
One of the things business owners dread most is firing an employee. Well, there is another dread of business owners that is similar to that and it is the firing of a client or customer. The issue of firing a client or customer, or in other words ”letting go of a client or customer, is a real issue faced by all business owners. And I know from first hand experience that this is true. In my 25 years of business, I have “fired” clients and I have learned the strategic value of doing so. I have realized that not every client is the right or ideal client for me and that I have tried to become much more strategic in prospecting for and selecting my clients. Your Strategic Thinking Business Coach has developed a list of twelve (12) signals that will let you know that it is time to fire the client or customer and they are:

Stop Working So Hard!
You're working too hard and you're not making enough money. I know that seems like a brash statement, but I've worked with enough small business owners to presume that it's probably true for you. The problem is, you're not taking advantage of one of your most important assets.

How to Stop Your Overheads Killing Your Profits
Many business owners falsely believe that the more work they have, the more money they make. Because they are ‘busy’ and get more help to manage the workload they think they must be making more money which is not necessarily true.

How to hire a SEO for Guaranteed Top 10 Ranking Services
Site owners thinking of hiring SEO companies for performance based SEO services need to clearly define what a top 10 ranking guarantee is. The slightly modified version of an old saying is especially true here, what you hear is may not what you get.

Characteristics of the Entrepreneurial Mindset – Passion and Drive
It is a popular misconception that all small business owners are entrepreneurs. Small business owners often follow the same tried and true methods of conducting and running their business that larger corporations do. They are structured and methodical. While this is not necessarily a bad thing, it does not demonstrate any of the characteristics of the entrepreneurial mindset. An entrepreneur creates and develops an often wildly successful business in a very short period of time. They think differently than other business owners. They are willing to try new things, implement new procedures and use new technology that has not been widely accepted.

People Are Your Greatest Asset
People are your greatest asset. This is always true, but it is even more important during times of economic stress. The right people doing the right jobs can make the difference between success and failure. I think most business owners already understand this principle, but finding the right people, keeping the right people, and getting people to perform at their highest levels are constant concerns for business owners at all levels.

LEADRSHIP: STORY OF TRUE FRIENDSHIP
Leadership is a true friend to his team members. He accepts the friends as they are and love them and motivate them to accomplish the mission. True leaders wants to see there team members at the highest position in there life.True leader understand the need of a team player and satisfy it without occurring words .Real leader lead his team player to a peak level of performance by becoming their true friend. In Indian Wisdom , Krishna become true friends of Arjuna during the most needed time of life and drive him through wisdom to win over all evils of life.

Why Small Business Owners Are Valuing Their Own Business and Avoiding Business Brokers
Selling your small business for its true value and at the very best price is definitely challenging, however surprisingly straight forward. More small business owners are becoming aware of just how simple it is to sell their own business without having to share the profits with a business broker. Small business owners should keep track of the true and realistic value of their business periodically, if possible from the day they open their doors for business, so that when the inevitable time to sell comes, they are not caught unawares. Here are 5 reasons why small business owners are valuing their own business and selling fast without a business broker!

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