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Naya [18.7K]
4 years ago
15

Choose an example of a company you could start, and decide which business structure would make the most sense for that type of c

ompany (sole proprietorship, partnership, LLC, C corporation, S corporation, or nonprofit corporation). Explain why this structure would be good for this type of company. Give at least 3 reasons. (3-6 sentences. 6.0 points)
Business
1 answer:
Feliz [49]4 years ago
5 0
An example of a company that I could start is an online curio shop. The business structure that would make the most sense is an S corporation. This is because the S corporation provides protection from personal liability and is not complicated as I can report the profit and loss on my individual tax returns.
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Most of us have similar values, but we might put them in vastly different orders of importance.
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