Intro to Business • Ownership

What you’ll learn

Realize the differences between each of four different business structures – Sole Proprietorship, Partnership, Corporations, and LLCs
Be able to differentiate between C-, S-, Professional, and Non-Profit Corporations
Grasp what is meant by: Joint Ventures, Acquisitions, Cooperatives, Franchises, Leveraged Buyouts, and more
Understand the advantages and disadvantages of each structure including legally, financially, and operationally
Learn the points to consider when changing from one business structure to another

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In this course, we use everyday, easy-to-understand language to explain the fundamentals about the different ways ownership of a business can be set up including Sole Proprietorships, Partnerships, Corporations, LLCs and more.
While this course uses United States information as examples, the information and principles included apply to almost every country in the world.
Successful students will grasp the advantages, disadvantages, requirements, and some of the biggest concerns involved with deciding which business structure fits which operation.
Throughout the entire course, quizzes and actual working "homework assignments" are used to reinforce the lessons as well as help the student understand what they are grasping or needing to restudy.
NOTE: This is one mini-course included in the Introduction to Business: Volume 1 series. It is a completely stand-alone course with no prerequisites to understand the content. However, all the separate courses combined provide a comprehensive understanding of introductory business concepts equivalent to a 16-week, 3-credit hour, college course.

Business owners, employees, students • And anyone wanting to better understand how business ownership works