Business Forms and Governance (Jesus Arriaga).pptx

Liability company as this type of organization allows

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liability company as this type of organization allows for partners who own the company to not only share the responsibilities, profits, and contribute ideas to the company, it also allows for less risk of personal financial loss. In addition, LLC’s are easier and more affordable to set up than a corporation and provides more protection for business owners. This is why I believe that an LLC is the best suited form of organization for the Solar Company to utilize as I believe it will open the door for increased success in the future.
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REFERENCES Cheeseman,H.(eight edition).Legal environment of business, online commerce, business ethics, and global issues Best, R. (2015, December). Which Type of Organization Is Best For Your Business?. Investopedia. Retrieved from - finance/120915/which-type-organization-best-your-business.asp Broemmel, M. (2016). Do the Owners of a Corporation Have a Limited Liability?. The Houston Chronicle, (), . Retrieved from - 3710.html
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  • Spring '16
  • Business, Corporation, Limited Liability Company, Unknown Author, Solar Company

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