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Full course description
What you'll learn:
The way a business is formed as a legal entity has implications far beyond the business. Did you know that if your business fails and you can’t repay your business creditors, you could lose your home, car, and most of your personal belongings? Or, if you select the wrong legal form of ownership, you could find yourself in a position of owing a large sum of money to the Internal Revenue Service?
In this course, you’ll learn about the factors one should consider when choosing a form of business ownership. There is more than one reason why it’s important to understand the different legal forms of business, from legal protection to tax implications.
Note: This course is not facilitated by an instructor, therefore no one is monitoring activity in the course. If you have a question or need help as you progress, please refer to the help section within the course.
- Choosing an Organizational Type
- Sole Proprietorships
- Hybrid Forms of Ownership
- Mergers and Acquisitions
Who this course is designed for:
Anyone in business or any field who is looking to learn about the different legal entities that businesses can choose and how they make the choice.
What you'll receive:
A Certificate of Completion
Meet the instructor
Andi Hess, PhD
Andi Hess is the director of the Interdisciplinary Translation and Integration Sciences Initiative at Arizona State University, which aims to help research teams across the university bridge disciplinary gaps. Her research focuses on the Science of Team Science and Interdisciplinary Translation, a process of actively facilitating the exchange of knowledge across disciplinary languages in team research settings. Prior to returning to academia, she held a variety of leadership roles in retail management and corporate training, including working as a Productivity Consultant with FranklinCovey, coaching people on how to set and reach their goals. She currently serves on the Board of Directors for the International Network for the Science of Team Science (INSciTS) and teaches courses in Interdisciplinary Studies and Organizational Leadership at ASU.