Sole proprietorship-partnership-limited liability partners

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1. Consider each of the following forms of business: sole proprietorship, partnership, limited liability partnership, limited liability company, S corporation, franchise, and C corporation. Choose THREE of these forms, and develop a scenario in which each of these forms of business would be the preferred form. For each scenario, justify why the corresponding business form is preferred.

2. You are the HR consultant to a small business with about 40 employees. At the present time the firm offers only five days’ vacation, five paid holidays, and legally mandated benefits such as unemployment insurance payments. Develop a list of other benefits you believe they should offer, along with your reasons for suggesting them. (Provide examples). 600 words or more

Reference no: EM132299525

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