Which legal structure will you choose for your business? Sole proprietorship ____ Parthership ______ Limited partnership ______

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Which legal structure will you choose for your business?
Sole proprietorship ____
Parthership ______
Limited partnership ______
C corporation _____
Subchapter S corporation ______
Limited liability corporation (LLC) ______
Nonprofit corporation _____
a. Why did you choose this structure?
b. Who will the partners or stockholders for your company be?
c. Describes the steps you will take to register your business.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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Entrepreneurship & Small Business Management

ISBN: 978-0133767186

2nd edition

Authors: Steve Mariotti, Caroline Glackin

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