Business Structures and Legal Entities

In this course, you’ll learn how and why businesses choose different legal structures—and how those choices shape liability, taxation, governance, and financial risk. You’ll develop the ability to identify and compare sole proprietorships, partnerships, corporations, and limited liability companies, and to evaluate how each structure affects owners, investors, and advisors in real-world business situations. You’ll begin by examining the foundational characteristics of each business form, including ownership, authority, and exposure to personal liability. From there, you’ll explore how partner…