2.1 Learning Outcomes:
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.
- 2.2 Action Required:
- Watch the short video at the following link
- https://www.youtube.com/watch?v=0k8ljlnBAQIT News) – YouTube
2.3 Test your Knowledge (Question):
Why would an entrepreneur choose a sole proprietorship? What drawbacks should be considered?
- Answer the question available in the ?Test your Knowledge? section.