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ESB Certification Exam Questions and Answers 100% Accurate

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C Corporation - ANSWER-Double taxed, shareholders and corporation, great for international businesses S Corporation - ANSWER-Lower tax, pay on personal income only, like the C corporation but for smaller businesess. LLC - ANSWER-great for individuals with low risks nonprofit organization - ANSWER-owned by no one, no tax paid HUD - ANSWER-Help America's housing needs and improve communities. SBA - ANSWER-administrate loans and grants and provides education to entrepeneurs and small business. SCORE - ANSWER-Partner of SBA, provides business mentoring from volunteers to help establish small business owners. Harvesting - ANSWER-Merging/acquisition a business Management buyout - ANSWER-Transfering ownership to people who already operate the business Employee stock ownership - ANSWER-Business owner sell business to fund retirement for employees Initial public offering - ANSWER-Selling shares into the public USDA - ANSWER-Provide leadership on food

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ESB Certification Exam Questions and
Answers 100% Accurate



C Corporation - ANSWER-Double taxed, shareholders and corporation, great for
international businesses

S Corporation - ANSWER-Lower tax, pay on personal income only, like the C
corporation but for smaller businesess.

LLC - ANSWER-great for individuals with low risks

nonprofit organization - ANSWER-owned by no one, no tax paid

HUD - ANSWER-Help America's housing needs and improve communities.

SBA - ANSWER-administrate loans and grants and provides education to entrepeneurs
and small business.

SCORE - ANSWER-Partner of SBA, provides business mentoring from volunteers to
help establish small business owners.

Harvesting - ANSWER-Merging/acquisition a business

Management buyout - ANSWER-Transfering ownership to people who already operate
the business

Employee stock ownership - ANSWER-Business owner sell business to fund retirement
for employees

Initial public offering - ANSWER-Selling shares into the public

USDA - ANSWER-Provide leadership on food

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