Imagine you are considering starting your own business. Answer the questions below:
1_ What kinds of products or services will you offer?
2_ What talents or skills do you need to run the business?
3_ Do you have all the skills and resources to start the business, or will you need to find one or more partners? If so, what skills would your partners need to have?
4_ What form of business ownership, would you choose-sole proprietorship, partnership, C corporation, S corporation, or LLC? Why?
Your response is your own opinion; there is no right or wrong response unless you do not fully answer the questions above. It should be in the question/answer format.
Sample Solution