Wk 3 - Business Organization

One of the first steps in making entrepreneurial business opportunities a reality is deciding what form the business will take. 

Write a 525 to 700 word paper on the various forms of business organization.

Define each of the following forms and address the advantages and disadvantages of each:

• Sole proprietorships
• Partnerships
• Corporations
• Limited liability companies

Answer the following question and explain your answer:

• What is the most appropriate form of ownership for an aggressive entrepreneurial firm?

Cite 3 peer-reviewed, scholarly, or similar references to support your paper.

Format your assignment according to APA guidelines. This should include a introduction, conclusion and at least three references.