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Forms of Business Activity

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GCI BAF3M
Unit 1: Accounting Foundations
Topic 2: FORMS OF BUSINESS OWNERSHIP CHART: Advantages & Disadvantages
Learning Goal: to describe the advantages and disadvantages for different forms of business.
Instructions:
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Use the Textbook Reference in the content are for advantages and disadvantages of partnership
and corporations.
Use the internet to help you find advantages and disadvantages of a sole proprietorship
Record at least 3 advantages and 3 disadvantages for each in the space provided below.
Advantages
Business
Form
Sole
Proprietor
Disadvantages
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Partnership
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Corporation
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