Unit 2: Entrepreneurship and Legal Forms of Business
In this unit, we explore various forms of ownership (sole proprietorship, partnerships, and corporations) that affect how businesses are taxed, how profits are distributed, and what regulations must be followed. The form of ownership you choose corresponds to the growth, taxation, and future of your company. We also examine some techniques business owners use to analyze profitability. We review the characteristics of successful entrepreneurs, how small businesses impact the economy, and the role of the Small Business Administration in the United States.
Completing this unit should take you approximately 10 hours.
2.1: Legal Forms of Business
2.2: Entrepreneurship and How Small Businesses Affect the Economy
2.3: Analyzing the Potential of a Business to be Profitable
Unit 2 Assessment
- Receive a grade