Assignment:
One of the first steps in making entrepreneurial business opportunities a reality is deciding what form the business will take.
Write a 525 to 700 word paper on the various forms of business organization.
Define each of the following forms and address the advantages and disadvantages of each:
- Sole proprietorships
- Partnerships
- Corporations
- Limited liability companies
Answer the following question and explain your answer:
What is the most appropriate form of ownership for an aggressive entrepreneurial firm?
Cite 3 peer-reviewed, scholarly, or similar references to support your paper.