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

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