Using Google Slides, design their own business, select an original company name, and choose which type of business organization is being implemented based on the activity completed in the guided practice (sole proprietorship, partnership, and corporation). Then explain the advantages and disadvantages of the business organization you chose and why those appealed to you more than the others, identify the goods or services that your business will offer, identify a current business who will be the competition, and explain why they chose that type of business ownership. YOU MUST research the information on business competition. Lastly prepare a presentation of your findings and be prepared to give an oral presentation.

MUST BE EITHER AT LEAST 1 PAGE (DOUBLE SPACED) OR AT LEAST 5 SLIDES NOT INCLUDING THE TITLE PAGE

MUST BE WRITTEN IN COMPLETE HIGH SCHOOL LEVEL SENTENCES.

 

Because I choose The Great Pizza & Pasta Place.

And my business organization is partnership

I need you to help me because I don’t know how to answer the questions on my own.

Define the partnership form of business organization. What are its advantages and disadvantages?

Imagine a business that you could hypothetically start.

1 .Which business ownership structure (LLC, General Partnership, Limited Partnership, S-Corp, C-Corp) would you select? Why?

2. What are the advantages that you see with the particular business ownership structure that you chose?

3. Are there any disadvantages?

4. Why do you think the business ownership structure that you chose is better than other corporate structures?

In 250-500 words

Now that you have learned about entrepreneurship, think about the business that you want to start. Once you have thought about the business that you want to start, please answer the questions below. Please make sure the word count is between 250-500 words. 

1 What, exactly, is your business idea? Is it feasible?

2 What industry do you want to enter? Why? 

3 What will be your competitive advantage?

4 Do you want to start a new business, buy an existing one, or buy a franchise? Why? 

5 What form of business organization do you want? Why? 

6 Do you have what it takes to be a successful Entrepreneur? Why?