Business Organizations
When forming a business, the owners must decide which legal form of ownership is best for them and for the business. No single form of ownership will provide everything. The owner must make some trade-offs.
In the following section we’ll compare the several ownership options for the business owner. We will cover:
Competency | Summarize common business forms and securities law |
Criteria | Evaluate the advantages and disadvantages of sole proprietorships |
Criteria | Evaluate the advantages and disadvantages of partnerships |
Criteria | Evaluate the advantages and disadvantages of corporations |