{"id":3372,"date":"2023-02-22T21:28:27","date_gmt":"2023-02-22T21:28:27","guid":{"rendered":"https:\/\/course.oeru.org\/ient102\/?page_id=3372"},"modified":"2023-02-22T21:28:27","modified_gmt":"2023-02-22T21:28:27","slug":"deciding-on-the-appropriate-form-of-business-ownership","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/ient102\/learning-pathways\/legal-forms-of-business\/deciding-on-the-appropriate-form-of-business-ownership\/","title":{"rendered":"Deciding on the appropriate form of business ownership"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\">\n<div class=\"floatright\"><a href=\"https:\/\/wikieducator.org\/File:Business_models.JPG\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"Business models.JPG\" src=\"\/\/wikieducator.org\/images\/thumb\/b\/be\/Business_models.JPG\/400px-Business_models.JPG\" width=\"400\" height=\"329\" class=\"img-responsive\"><\/a><\/div>\n<p>Which form of business ownership will be right for you and your business?\n<\/p>\n<p>There are a number of factors which affect how you would answer this question. The following readings help you identify these.<br \/>\n<br style=\"clear:both;\">\n<\/p>\n<div id=\"Reading\" class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"reading\" src=\"https:\/\/course.oeru.org\/ient102\/wp-content\/themes\/oeru_course\/idevices\/Icon_reading.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Required reading<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<p>Read the following texts:\n<\/p>\n<ol>\n<li> <a href=\"https:\/\/wikieducator.org\/images\/c\/c9\/Choosing_a_business_ownership_model.pdf\" class=\"internal\" title=\"Choosing a business ownership model.pdf\"> Choosing a Business Ownership Model<\/a><sup id=\"cite_ref-1\" class=\"reference\"><a href=\"#cite_note-1\">[1]<\/a><\/sup>\n<\/li>\n<li> <a rel=\"nofollow\" class=\"external text\" href=\"http:\/\/saylordotorg.github.io\/text_exploring-business-v2.0\/s08-01-factors-to-consider.html\">Exploring Business: Section 4.1: Factors to Consider<\/a><sup id=\"cite_ref-2\" class=\"reference\"><a href=\"#cite_note-2\">[2]<\/a><\/sup>\n<\/li>\n<\/ol>\n<p>Thinking about the business idea you generated in Becoming an Entrepreneur (IENT101), or another idea if you prefer:\n<\/p>\n<ul>\n<li> Review the eight questions identified in the <a rel=\"nofollow\" class=\"external text\" href=\"http:\/\/saylordotorg.github.io\/text_exploring-business-v2.0\/s08-01-factors-to-consider.html\">&#8220;Factors to Consider&#8221; reading<\/a>to help in choosing the appropriate legal form of your business.\n<\/li>\n<li> Rate each of the questions using this scale: [1] not at all important; [2] not very important; [3] somewhat important; [4] very important; [5] extremely important.\n<\/li>\n<li> In your <b>learning journal blog<\/b>, select the two questions that are most important to you and the two questions that are least important to you, and explain your responses to these four questions.\n<\/li>\n<\/ul>\n<ol>\n<li> Remember to tag or label your post using the course code: IENT102 (This is needed to harvest a link to your blog post in the course feed.)\n<\/li>\n<\/ol>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<p>\n<\/p>\n<ol class=\"references\">\n<li id=\"cite_note-1\"><span class=\"mw-cite-backlink\"><a href=\"#cite_ref-1\">\u2191<\/a><\/span> <span class=\"reference-text\"><a rel=\"nofollow\" class=\"external text\" href=\"http:\/\/oasis.col.org\/handle\/11599\/2467\">VUSSL: The Business Environment<\/a><\/span>\n<\/li>\n<li id=\"cite_note-2\"><span class=\"mw-cite-backlink\"><a href=\"#cite_ref-2\">\u2191<\/a><\/span> <span class=\"reference-text\"><a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/learn.saylor.org\/course\/view.php?id=3\">Saylor Academy: Course BUS101 &#8211; Introduction to Business<\/a><\/span>\n<\/li>\n<\/ol>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.060 seconds\nReal time usage: 0.074 seconds\nPreprocessor visited node count: 152\/1000000\nPreprocessor generated node count: 978\/1000000\nPost\u2010expand include size: 4165\/2097152 bytes\nTemplate argument size: 2546\/2097152 bytes\nHighest expansion depth: 7\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:181899-0!*!*!*!*!2!* and timestamp 20230222133603 and revision id 1057697\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/ient102\/learning-pathways\/legal-forms-of-business\/video-signpost\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/ient102\/learning-pathways\/legal-forms-of-business\/sole-proprietorship\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div id=\"wenote-ids\"><script type='text\/javascript' id='wenotes-ids'>\n    var WEnotesSite = \"https:\/\/wikieducator.org\";\n    var WEnotesPath = \"\/Introduction_to_entrepreneurship\/IENT102\/Legalities\/Appropriate\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"12ecfae68a98f329168596b0ca44dc7e\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Introduction_to_entrepreneurship\/IENT102\/Legalities\/Appropriate\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"12ecfae68a98f329168596b0ca44dc7e\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>Which form of business ownership will be right for you and your business? There are a number of factors which affect how you would answer this question. The following readings help you identify these. \u2191 VUSSL: The Business Environment \u2191 Saylor Academy: Course BUS101 &#8211; Introduction to Business \u2190 Previous Next \u2192<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":3366,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-3372","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/pages\/3372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/comments?post=3372"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/pages\/3372\/revisions"}],"predecessor-version":[{"id":3373,"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/pages\/3372\/revisions\/3373"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/pages\/3366"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/ient102\/wp-json\/wp\/v2\/media?parent=3372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}