University of Phoenix MaterialÂ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Business Form Worksheet Â Â 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. Complete the Business Form Worksheet by following the instructions below. Â Be sure you include minimal APA requirements (a title page, in text citations, and a reference page). Â 1.Â Â Â Â Select one of the seven forms of business listed above. 2.Â Â Â Â Research and provide three advantages and three disadvantages for the one business form you selected. 3.Â Â Â Â Provide a 100-200-word summary in which you provide an example of a business for the one business form you selected. Include in the summary a discussion of the following: (1) at least one advantage and one disadvantage you listed under Business Form Selected; and (2) at least one legal form that might be required for the one business form you selected, such as securing a license from a state agency. Â Business Form Selected: Â Advantages: Use complete sentences when responding. Â 1.Â Â Â Â Â Â 2.Â Â Â 3.Â Â Â Disadvantages: Use complete sentences when responding. Â 1.Â Â Â Â Â Â 2. Â Â 3.Â Â Â Summary (Remain within the 100-200 word range.) Â Â Â References
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