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PCC Business Forms of Ownership Discussion

 

The needs of the businessperson starting a new business are a major consideration when deciding the best form of business ownership. The kind of business being started is also important to consider when deciding to make your new business a sole proprietorship, partnership, corporation or LLC. Describe a business you would be interested in starting and choose the form of ownership you think would be best for that business and give the reason for your selection. Now compare the form of ownership you choose to the form of ownership that would be appropriate for a someone that is starting a child daycare center. Explain why that form is appropriate for a childcare center.

Students are expected to give a thorough answer that references the terms and concepts from the chapter. Post your initial reply to the question (minimum of 150 words)