Unit 4 Assignment: Which Type of Business Ownership?

Which Type of Business Ownership?

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Assignment Overview

In this case study and writing assignment, you will persuade a hypothetical sole proprietor to choose another form of business ownership.

Deliverables

A one- to two-page (250- to 500-word) paper

Step 1

Write a letter.

Write a letter advising a hypothetical sole proprietor to choose another form of business ownership. By definition, a sole proprietorship is an unincorporated business owned by one person known as the sole proprietor. The majority of U.S. businesses are owned and operated as sole proprietorships. In a one- to two-page (250- to 500-word) persuasive paper, write a letter to a hypothetical sole proprietor explaining why he or she should convert the sole proprietorship to another form of business ownership (for example, a traditional "C" corporation, an "S" corporation, or a limited liability company).

Step 2

Save and submit your assignment by Sunday 11:59 PM PST.