Identify the ownership form for this business

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Creating an eCommerce Business

Too often, entrepreneurs brimming with optimism and enthusiasm launch businesses destined for failure because their founders never stop to define a workable strategy that sets them apart from their competition

Problem 1: Develop an idea for a prospective small business and select a name for the company.

Problem 2: Identify its key competitors and summarize the strengths and weaknesses of one of the competitors.

Problem 3: Prepare a mission statement that encompasses the purpose of the business and considers its target market.

Problem 4: Identify the ownership form for this business, taking into consideration tax implications, liability exposure, managerial ability, and cost of formation.

Reference no: EM132777534

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