Business Forms Worksheet
 
There are seven forms of business: sole proprietorship, partnership, limited liability partnership, limited liability company (including the single member LLC), S Corporation, Franchise, and Corporation.
 
1.
    
Research and provide
three
advantages and
three
disadvantages for each
business
form
.
 
2.
    
Provide a 100
- to
200
-
word summary
in which
you provide an example business that you would start for each form
. W
hat is legally necessary to file in order to form that business
? D
iscuss at least one of the advantages and one of the disadvantages of that form.
 
Need a reword so it passes