• Unit 2: Entrepreneurship and Legal Forms of Business

    This unit will illustrate how the various forms of ownership (sole proprietorship, partnerships, and corporations) that an owner chooses affects how that business is taxed, how profits are distributed, and what regulations are to be followed. Through careful study, as a potential owner, you will decide in which form you are the most comfortable operating. You will also see that in some situations, it is necessary to move from one form of ownership to another. The form of ownership you choose will directly correspond to the growth, taxation, and future of your company.

    Completing this unit should take you approximately 17 hours.