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Sample Business
Forms Worksheet

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.
Select
one of the forms of business

2.
Research and providethree
advantages andthree disadvantagesfor this businessform.

3.
Provide a 100- to200-word
summaryin which you provide an example business for each form. Discuss
at least one of the advantages and one of the disadvantages of that form and
potential legal forms
that might be required.

Business Form:

Advantages

1.

2.

3.

Disadvantages

1.

2.

3.

Summary

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