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Embed code for: CTE 5-3 Choosing a form of Business (5)
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Exercise Chapter 5-3
critical thinking exercise 5-3
choosing a form of business ownership
The needs of the businessperson starting a new business are a major consideration when deciding the best form of business ownership. The kind of business being started is also important to consider when deciding to make your new business a sole proprietorship, partnership, or corporation. Look at the list of new businesses below. Indicate the form of ownership you think would be best for each business. Give the reasons WHY for your selection
Home window washing service
Textbook publishing company
A Micro Brew Pub
Child care center