This lesson covers business legal structures and discusses the advantages of disadvantages of each. You can download study notes for this chapter at https://www.luthermaddy.com/IntroToBusiness.php
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0:00 Introduction
0:22 MAJOR FORMS of OWNERSHIP
0:40 MAJOR BENEFITS of SOLE
1:15 DISADVANTAGES of SOLE
2:19 ADVANTAGES of PARTNERSHIPS
2:51 CONVENTIONAL
4:04 S CORPORATIONS
4:40 What's next?