Identify and describe the legal categories of a business organization contrasting tax-related advantages and disadvantages.

Purpose of Assignment

The purpose of this assignment is to help students gain a better understanding of the importance of the appropriate legal business categories and financial statements as a key management tool for making decisions. 

Assignment Steps

Develop a 1,050-word evaluation describing business structure and financial statements, including the following: 

  • Identify and describe the legal categories of a business organization contrasting tax-related advantages and disadvantages.
  • Next, using your entrepreneur skills, consider starting your own business. What business structure would you choose and why?
  • Discuss financial statements for the chosen business structure, then explain with specific examples from the University Library, how these would help you make decisions about your business.

Cite a minimum of two peer-reviewed references. 

Format your paper consistent with APA guidelines. 

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