5+Forms+of+Businss

Read about forms of business and compare this text with that you read in the textbook (at least one form of business). Post your answers to the forum. Watch the video about Types of Business Organizations. Answer the following questions: What forms of business pay federal taxes? How can sole proprietors be called? Should they file special tax forms? What do shareholders have? How many shareholders should a corporation have? How many general partners should a partnership have? What kind of liability does s/he have? What limitations does an S-corporation have? What are trusts? What are non-profits? Post your answers to the forum Watch the video. Answer the following questions: Why is it easy to start a sole proprietorship? What is the best ways to find out what licenses and permits you need? What should you do if you don’t want to operate under your name? Post your answers to the forum Watch the video. Answer the following questions: What should you do if your business partners don’t want to be involved in every day management? When do you need a partnership agreement? Who can help you with your partnership agreement? Post your answers to the forum Watch the video. Answer the following questions: How can you limit your liability while running your business? Where can you find information about starting a corporation? Is it necessary to hire a lawyer to start a corporation? Post your answers to the forum
 * Activity 1 **
 * Activity 2 **
 * Activity 3 **
 * Activity 4 **
 * Activity 5 **