CHOOSING A FORM OF BUSINESS OWNERSHIP
The needs of the business person starting a new business are a major consideration when deciding the best form of business ownership.
The kind of business being started is also important to consider when deciding to make your new business a sole proprietorship, partnership, or corporation.
Look at the list of new businesses below. Indicate the form of ownership you think would be best for each business.
Give the reason for your selection.
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BUSINESS
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FORM
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REASON
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Swimming Pool Repair
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Flower Shop
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Internet-based Specialty Store
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Termite Control Service
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Textbook Publishing Company
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Law Firm
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Underwear Manufacturer
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Child Care Center
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