Identify the advantages and disadvantages of partnerships, limited liability companies, and corporations.

Imagine that you and your business associates are trying to decide what type of partnership to form and whether or not you would like to incorporate.

Write a six to eight (6-8) page paper in which you:

 

  1. Explain the role of agency in your business association.
  2. Identify the advantages and disadvantages of partnerships, limited liability companies, and corporations.
  3. From your perspective, discuss which of these is the best fit for you, your business, and your associates. Explain why in your answer.
  4. Imagine your future partners see things differently and want to use a different form of partnership (of your choice for this assignment). Discuss how you would persuade your future partners to go with your preferred form.
  5. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources.
  6. APA style
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