One disadvantage of a corporation is the: double taxation of distributed profits. limited liability of its shareholders for the firm's debts. firm's potential for an unlimited life. firm's greater ability to raise capital than other forms of ownership. firm's ability to issue additional shares of stock. 2. Step 1 Identify investment opportunities Step 6 Step hitor progress and ew success of the program Collect inform data, and fina Informatia Capital Budgeting Process Step 5 Implement new program or investmant Step 3 Decide whether investment is a business moy Step 4 Prepare necessary finances for the investment Assembling Investment Process Performanc e Review Identify Potential investment Capital Budgeting Process Capital Budget & Appropriates Assembli investme Proces Decision Making