Requirements: Explain the advantages and disadvantages of setting up a new business as Sole Proprietorship, a Partnership or a Corporation.

Instructions:Your initial response should be no less than 350-words with at least one scholarly journal reference (dictionary-type websites are excluded)**. Respond to at least two of your classmates with a minimum of 150 words and include direct questions. Include in-text citations and references in APA format. Refer to Forums Grading Rubric for additional guidelines.

Initial Post Due:Sunday, by 11:55 pm, ET*

Replies to Classmates Due:Sunday, by 11:55 pm, ET

*Only during the first week of class the initial post is not due until Sunday by 11:55 pm ET. After Week 1, all initial posts will be due by Wednesday, by 11:55 pm, ET.

**Make sure you are usingcredible sourcesin your discussions and assignments. Scholarly journals are the preferred source of credible/quality references. These consist of peer-reviewed articles published in academic journals related to the field, which are found via our Library. Websites such as Investopedia, ask.com, answers.com, or dictionary-type of websites limit the insight to the topics. Wikipedia is not acceptable as it is not a reliable, credible source of reference. The purpose is to bring in new information and how does it apply to our topic from a real-world perspective, instead of extending on definitions that are found in the book. More information what a credible source consists of can be found here:http://writingcommons.org/evidence/supporting-sources/630-what-might-be-a-more-credible-reliable-source

Guidelines	Forum Requirements
Quality Guidelines (50%)	All discussion questions are answered completely. Responses are original in content with a minimum ofonereference, not including the text. All posts demonstrate analysis of the topic. Responses to classmates are significant and advanced the discussion.
Participation Guidelines (30%)	Main response is posted by Day 3. Main response is no less than 350 words. Reply to at least two classmates by Day 7. Responses to classmates are at least 150 words.
Clarity, Organization & Professionalism Guidelines (20%)	Responses are organized and logical. No spelling or grammatical errors. References are used and cited properly. Appropriate language, respect and consideration toward peers/instructor.