One of the first steps in making entrepreneurial business opportunities a reality is deciding what form the business will take.
Write a 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 at least two scholarly sources.
Format your paper consistent with APA guidelines.