Sole proprietorship-partnership-llc

Reference no: EM13735867

If you were to start your own business, which business entity structure would you choose? Justify why your chosen structure is the best organizational form.

Explain the following business structures: sole proprietorship, partnership, LLC, and a corporation. In your analysis address the following for each business structure:

Steps to form
Personal liability for owners
Taxation
Advantages and disadvantages

Reference no: EM13735867

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