Home Inspection

Category - Business Operations

Which of the following is the most common type of business structure for home inspectors?
  1. Sole proprietorship
  2. Limited liability corporation
  3. Limited liability partnership
  4. Corporation
Explanation
Answer: A - The most common type of business structure for home inspectors is a sole proprietorship. It is easy to establish this type of company. When you establish your business as a sole proprietorship, you assume full responsibility for your company's debts. You are not required to have a board of directors if you choose this business structure.
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