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Week 4 Assignment
Multimedia activity: Business Organization
Devon Harris
Instructor: Brian Lahargoue May, 2016

Multimedia activity: Business Organization
If I somehow managed to begin my own business, I would run with a sole proprietor business structure. i might want to be in all out control and recognize what is happening at all times. In this sort of structure I will have the capacity to alter my mix-ups and learn. This business structure is cost affordable to me and the way that I am an author I’ve had a sole business with composing music. I 100%$ make and compose my own particular music, therefore I might want to procure 200% of all benefits. I will either get to be successful of go into disrepair, however whenever I attempt I will be better and much more successful. I will be presenting the 4 different type of business structures, which include, sole proprietor, partnership, LLC, and corporation. I will explain each in detail, including the advantages and disadvantages. After reading this I hope to have given you knowledge on the different type of business structures of today’s time.
To Begin,
WHAT IS A SOLE PROPRIETORSHIP? A sole proprietorship is essentially an unincorporated business that is ran and operated by one person. The owner will reap 100% of all the benefits, but also have to cover the cost or handle responsibilities if business' obligations, misfortunes and liabilities occur. To start your own sole proprietorship business a person don’t need some type of approval before one can claim their business. If you are the only creator of something, then it legally becomes your business. Something as simple as me writing music and composing it is a form of a sole proprietorship. Of course I will need to official approval to make things legit. A person must utilize the Licensing and

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