Legal Structure of Business (To be completed BEFORE next lesson)

Watch this video if you have not watched it (forward to your legal structure assigned)

 Group to share with class (1 group, 1 legal structure) at next week class
ìSole proprietorship - Success
ìPartnership - ferris
ìLimited partnership -JacMan
ìLimited liability partnership - Trust Inc.
ìCompany - Private and Public- Shu Xian

Discuss and present as a group (Max 5 Sildes)
ìWhat are some of the characteristics?
ìDefinition
ìOwners
ìLegal statutes
ìFormalities and expenses
ìContinuity in Law
ìClosing of business

ìHow does legal structure affects size of business?

ìList some examples of Current Companies