Explain the sole proprietorship business structures


Discussion: Best Organizational Form

Visit the Choose Your Business Structure section of the U.S. Small Business Administration's website. If you were to start your own business, which business entity structure would you choose? Justify why your chosen structure is the best organizational form.

Explain the following business structures: sole proprietorship, partnership, LLC, and a corporation. In your analysis address the following for each business structure:

Steps to form

Personal liability for owners

Taxation

Advantages and disadvantages

Your paper must be three to five pages (excluding title and reference pages), and it must be formatted according to APA style.

Use book reference Rogers, S. (2012). Essentials of Business Law [Electronic version].

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Business Management: Explain the sole proprietorship business structures
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