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Business: A Changing World, 4/e
O.C. Ferrell, Colorado State University
Geoffrey Hirt, DePaul University

Options for Organizing Business

Chapter Outline


Introduction

Sole Proprietorships

Advantages of Sole Proprietorships

Disadvantages of Sole Proprietorships

Partnerships

Types of Partnership

Articles of Partnership

Advantages of Partnerships

Disadvantages of Partnerships

Taxation of Partnerships

Corporations

Creating a Corporation

Types of Corporations

Elements of a Corporation

Advantages of Corporations

Disadvantages of Corporations

Other Types of Ownership

S Corporations

Limited Liability Corporations

Cooperatives

Trends in Business Ownership: Mergers and Acquisitions





McGraw-Hill/Irwin