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    What are advantages of being a private company?
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    Owners of private companies don't have to give up their control positions. They don't have to manage thousands of shareholders and keep them constantly imformed about your business. As a private company, there is no obligation to disclose information to the public. Therefore, your business affairs remain confidential. There is also more flexibility in managing the business, and there is no need to incur the high costs of becoming a public company.

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