About the business you would like to start

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Reference no: EM131918879

Suppose that after you graduate from Berkeley College, you decide to start your own business. 1) Tell us about the business you would like to start. 2) Why do you think there is a need for that type of business (some research would be helpful for this)? 3) How would you organize your business (sole proprietor, partnership, corporation, LLC, etc.)? 4) Why would you choose that particular form of organization? In formulating your answer to that question, you should include a discussion of the advantages and disadvantages of each of those forms: (1) sole proprietorship, (2) partnership, (3) corporation, and (4) LLC (Limited Liability Company). 5) What does your state require to incorporate a business in that state? Please provide a link to the state information.

Reference no: EM131918879

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