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There are seven forms of business: sole proprietorship, partnership, limited liability partnership, limited liability company (including the single member LLC), S Corporation, Franchise, and Corporation. 1. Research and provide three advantages and three disadvantages for each business form . 2. Provide a 100 - to 200 - word summary in which you provide an example business that you would start for each form . W hat is legally necessary to file in order to form that business ? D iscuss at least one of the advantages and one of the disadvantages of that form. .

There are seven forms of business: sole proprietorship,
partnership, limited liability partnership, limited liability
company (including the single member LLC), S Corporation,
Franchise, and Corporation.
1.
Research and provide
three
advantages and
three
disadvantages for each
business
form
.
2.
Provide a 100
- to
200
-
word summary
in which
you provide an example business that you would start for each
form
. W
hat is legally necessary to file in order to form that business
? D
iscuss at least one of the advantages and one of the

disadvantages of that form.

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