Characteristics of Sole Proprietorships and Partnerships
Characteristics of Sole Proprietorships and Partnerships
For this Discussion, you will consider the chief characteristics of sole proprietorships and partnerships.
Get Ready!
To prepare for this Discussion:
- Refer to readings and presentations for this module.
- Consider the advantages and disadvantages of each form of business.
Share Your Thoughts
Go to the Module 3 Discussion Board and share your thoughts in 150 to 200 words.
Your post should address the following questions/points>:
- If you were to start a business, which forms of business organization would you choose – sole proprietorship or partnership (which type). Explain why.
- If you already run a business, how is it set up, and why did you choose this form of business?
Respond to Your Colleagues
Respond to two of your colleague’s posts. You may type your response or record video or audio. Look for areas in which your colleague’s ideas may differ from your own. You may respond to your colleagues in one or more of the following ways:
- Ask thought-provoking questions
- Offer opinions supported by evidence
- Share a new insight you have gained from reading your colleague’s post
- Expand upon your colleague’s post
- Offer an alternate idea or suggestion