Business Structures

Description
When to form an LLC (Limited Liability Company) discusses why the LLC is one of the most popular types of business entity. After reading the article and , compare an LLC with a C corporation and with an S corporation. If you were operating your own business, would you choose the LLC as the organizational form for your business? Explain your reasoning.

Guided Response:
Respond to at least two of your fellow students rsquo; posts in a substantive manner. Some ways to do this include the following, though you may choose a different approach, providing your response is substantive:

Address students who made the same choice that you did regarding whether to choose the LLC as the organizational form for their business. Using the information from the course textbook and the article, play the role of devil rsquo;s advocate and argue why some other type of entity (C corporation, S corporation, or LLC) would be a better choice.

……………………….Answer preview……………………

When it comes to making entrepreneurial decisions there is always need for preparation so as to figure out which of the many business entities suits a person needs. There is need to have a critical analysis on these entities so that the best can be selected based on the plans of the entrepreneur, (Nathan and Magos, 2003)……………………………..

APA

977 words