Discuss the various forms of business organization


Assignment:

One of the first steps in making entrepreneurial business opportunities a reality is deciding what form the business will take.

Create a 525- to 700-word paper on the various forms of business organization.

Define each of the following forms and address the advantages and disadvantages of each:

Sole proprietorships

Partnerships

Corporations

Limited liability companies

Answer the following question and explain your answer:

What is the most appropriate form of ownership for an aggressive entrepreneurial firm?

Cite 3 peer-reviewed, scholarly, or similar references to support your paper.

 

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Business Management: Discuss the various forms of business organization
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