Please identify a business structure discussed in the text(Below) that, if you were to start one, would be your preference. In your submission you should discuss specifically why you selected that particular structure, its advantages/disadvantages, and examples that might help to support and/or illustrate your choice.
This 2 page paper should be in APA format and cite one a minimum of one source from your research.
the characteristics of the four basic forms of business ownership.
A sole proprietorship is a business that is owned, and usually managed, by a single person. A partnership is a voluntary arrangement under which two or more people act as co-owners of a business for profit. A corporation is a legal entity created by filing a document (known in most states as the “articles of incorporation”) with a state agency. A corporation is considered to be separate and distinct from its owners, who have limited liability for the debts of their company. A limited liability company (LLC) is a relatively new form of business ownership that, like a corporation, offers limited liability to all of its owners. However, LLCs offer more flexibility in tax treatment and have simpler operating requirements.
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