Determining which organizational structure is best for your business can be tricky. There are many things to
consider such as: tax implications, liability issues, capital requirements, and exit strategies, just to name a
For Project 5, imagine that you are opening up a small local grocery store in your neighborhood and need to
figure out which corporate structure would be best. Your grocery storeâ€™s projected gross revenue for the first year is approximately $500,000.
Determine which corporate structure (sole proprietorship, partnership, LLC, S Corp or C Corp) you would
choose and why. Your submission should be no less than 250 wor