Visit the Choose Your Business Structure

Please utilize the following source in addition to the other required sources:
Rogers, S. (2012). Essentials of Business Law [Electronic version]. Retrieved from https://content.ashford.edu/

Please choose to elaborate upon an LLC as the chosen business structure.

Visit the Choose Your Business Structure
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section of the U.S. Small Business Administration’s website.
If you were to start your own business, which business entity structure would you choose? Justify why your chosen structure is the best organizational form.
Explain the following business structures: sole proprietorship, partnership, LLC, and a corporation. In your analysis address the following for each business structure:
Steps to form
Personal liability for owners
Taxation
Advantages and disadvantages

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Your paper must be three to five pages (excluding title and reference pages), and it must be formatted according to APA style as outlined in the Ashford Writing Center. You must cite at least two scholarly sources in addition to the course textbook. Cite your sources in-text and on the reference page. For information regarding APA samples and tutorials, visit the Ashford Writing Center

SAMPLE SOLUTION

While establishing a business, it is essential to consider the type of business entity to invest in. The structure will determine implications in terms of tax and legal processes and consequently affect the business’ profitability. Furthermore, the structure will provide employees | GET AN EXPERT FOR YOUR ASSIGNMENT | and achieve desired expectations besides enabling better decision-making. This task will critically evaluate the different organizational structures as well as consider the most feasible for small business.
The Business Entity Structure I Will Choose and Why
If I was to start my own business, the most feasible | GET AN EXPERT FOR YOUR ASSIGNMENT | structure that I will use is the limited liability company. This form of business structure is a specific form of a private limited company