What type of business entity will you elect

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Most everyone has had a thought of owning a business or buying a franchise. Pretend you are starting your own small business. After reading Chapters 31 and 32, explore the business resources on your Secretary of State’s website. Based upon your readings and research:

What name will you use for your business? Conduct a “name” search for your business on the Secretary of State’s website. Share with the class your findings.

What type of business entity will you elect? Explain why.

What did you learn from the Secretary of State’s website that will help you get your business started?

Provide a link to the Secretary of State’s website at the end of your discussion.

Provide a legal analysis of your decision using key concepts and terms from this week’s readings.

Reference no: EM131664770

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