Minimum 4 Pages Required – 30 Hours

Multimedia activity: Business Organization
Visit the Choose Your Business Structure section of the U.S. Small Business Administrationâ€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 as outlined in the Ashford Writing Center. You must cite at least two scholarly sources in addition to the course textbook..Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment.
 
Required Resources
Required Text

Essentials of Business Law:

Chapter 11: Personal and Real Property
Chapter 13: Business Organizations

Article

O’Leary, H., & Lloyd, S. M. (2004). Governance in the spotlight: What the sarbanes-oxley act means for you. Trustee, 57(8), 15. Retrieved from the EBSCOhost Database.

Multimedia

DeAngelis, M. (2012, February 15). Business Entities. Hartford, Connecticut, USA. Accessed via: http://legalstudiesclassroom.blogspot.com/2012/02/business-entities.html

 
 

 
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