the purpose of this discussion question if to ensure students understand the different business formats available for organizational structure. Additionally, they will select the best business format to consider should they launch their own business. This question aligns with course objectives 1, 8, and 11 and Chapter 16.
Directions for Initial Post.
After reading the articles at the links below, what are the pros and cons of each format? (You might find it helpful to complete this section using a table.) Assume you want to start a business in the next couple of years. Provide an analysis of the best business format for you. What are some issues you must consider?
- MyOwnBusiness Institute-Business Organization (Links to an external site.)
- Sole Proprietorship, Partnership, or Corporation? (Links to an external site.)
Directions for Comments to Classmates.
Review and comment on at least one other student’s post.
Remember the guidelines from previous discussions.
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