Forming A Management Team/ Forms Of Business

Resource: Small Business Administration (SBA) website

Access the SBA website.

Search through the Business Guide section and write paper that is  500 to 1000 words in which you discuss the following:

  • What is the importance of having an effective management team, and what role does it play in overall business success?
  • What are the advantages, disadvantages and tax implications for each of the following legal forms of business?
    • Sole Proprietor
    • Partnership
    • LLC
    • LLP
    • Corporation
    • Non-Profit

Format your paper consistent with APA guidelines.


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