Describe the legal categories of a business organization


Homework

Purpose of Homework

The purpose of this homework is to help students gain a better understanding of the importance of the appropriate legal business categories and financial statements as a key management tool for making decisions.

Task

Develop 1,050 words evaluation describing business structure and financial statements, including the following:

i. Identify and describe the legal categories of a business organization contrasting tax-related advantages and disadvantages.

ii. Next, using your entrepreneur skills, consider starting your own business. What business structure would you choose and why?

iii. Discuss financial statements for the chosen business structure, then explain with specific examples from the University Library, how these would help you make decisions about your business.

Format your homework according to the following formatting requirements:

i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.

ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.

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Business Management: Describe the legal categories of a business organization
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