Multimedia activity: Business Organization

    Visit the Choose Your Business Structure:

    https://www.sba.gov/business-guide/launch-your-business/choose-business-structure

    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 as outlined in the Writing Center. You must cite at least two scholarly sources in addition to the course textbook. Cite your sources in-text and on the reference page. For information regarding APA samples and tutorials, visit the Writing Center (Links to an external site.).

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