It is not unusual for the growth in a business to be reflected in changes in organizational forms as a part of a life cycle.

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It is not unusual for the growth in a business to be reflected in changes in organizational forms as a part of a life cycle. For example, business activity could begin through the efforts of a sole proprietor. As the business grows and investors join the business, the organizational form could shift to a partnership or limited partnership

It Is Not Unusual for the Growth in a Business