Describe ways the sba helps small businesses

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Reference no: EM133514454

Questions:

How does the Small Business Administration (SBA) define a small business?
Describe ways the SBA helps small businesses.
Based on what you learned, explain the different ways small businesses contribute to the economy.
Detail the three main causes of small-business failure.
According to our text, there are three basic forms of business ownership. Clearly describe each one of those forms of business ownership.
Provide three advantages and three disadvantages of each form of business.
Compare and contrast as you describe the three key differences between sole proprietorships and partnerships.
Explain the main distinction of a not-for-profit corporation.
Friends approach you with an idea for a business and ask you what form of business ownership they should use. List three questions you would ask them and what purpose would those questions serve.
Detail the types of scenarios that would make you recommend a corporation vs. a partnership to your friends.

Reference no: EM133514454

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