Entrepreneurship 20, 30
ENTR8
Module 8: Business Structures (Core)
Outcome
Evaluate common types of business structures.
Indicators
| (a) |
List the common types of business structures including:
|
| (b) | Identify examples of each type of business structure within the local community and province. |
| (c) | Compare the features (e.g., ownership, process for establishing, profitsharing, liability protection and longevity) of various types of business structures. |
| (d) | Examine the purpose and benefits of succession planning and the impact each type of business structure has on the process. |
| (e) | Summarize the advantages and disadvantages of each type of business structure. |
| (f) | Discuss how attitudes and beliefs (e.g., community and collective wellbeing) shaped by worldviews inform decisions related to business ownership and structures. |
| (g) | Research external factors (e.g., requirements for eligibility to access funding or support from a specific program, and tax and other laws such as the Indian Act) which may impact decisions related to business structures. |
| (h) | Identify sources of advice and information (e.g., legal, accounting, Chief and Council and other entrepreneurs) related to business structures. |
| (i) | Create scenarios best suited for each type of business structure and justify each choice. |
Loading...
