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Multimedia
activity: Business Organization

Visit the Choose
Your Business Structure (Links to an external site.)Links to an external site.
section of the U.S. Small Business Administration’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.
Cite your sources in-text and on the reference page. For information regarding
APA samples and tutorials, visit the Ashford Writing Center (Links to an
external site.)Links to an external site..

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