Describe the features of the S corporation and the limited liability company. Discuss the alternative options for corporate forms, both for-profit and non-profit, available to social entrepreneurs.

Discuss the issues that entrepreneurs should consider when evaluating different forms of ownership.
Describe the advantages and disadvantages of the sole proprietorship, partnerships, and corporations.
Describe the features of the S corporation and the limited liability company.
Discuss the alternative options for corporate forms, both for-profit and non-profit, available to social entrepreneurs.

Action Required:

Watch the short video at the following link
https://www.youtube.com/watch?v=0k8ljlnBAQIT News) – YouTube

Test your Knowledge (Question):

What is a sole proprietorship? What drawbacks should be considered?

Instructions

Answer the question available in the “Test your Knowledge” section.
Post your answer in the discussion board using the discussion link below

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