1. ACC 561 Week 2 Small Business Analysis NEW
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ACC 561 Week 2 Small Business Analysis NEW
2. Small Business Analysis Instructions:
You are interested in establishing a small business
and you must decide which of the four forms of
business organization would best suit your unique
product or service. Consider legal, tax, accounting,
and other implications when selecting from the four
business types. Write a paper between 1,000 and
1,500 words discussing your small-business
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- Include the followlng:
1. The advantages and dis advantages of the four
different forms of business organization, Which
include sole proprietorship, partnership,C-
corporation, and S-corporation s.
2. Identify which accounting method (i.e. cash
versus accrual) you plan to use for your business.
Why did you select this choice?
3. 3. An explanation of the product or service your
small business provides.
4. State three business transactions you expect to
incur to with your company. Discuss how the
transactions impact your income statement,
balance sheet and statement of cash flow.
5. Select an organization type for your company
and explain why you selected this option. iAiiAiiAi
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Format your paper consistent with APA guidelines
and submit your paper and plagiarism review file
via the assignment files tab.
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