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Multimedia
activity: Business Organization

Visit theChoose Your Business
Structure
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 theAshford Writing Center.

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