Read Exploring Business: Chapter 4.5.
Watch video on Choosing The Entity That Best Fits Your Business Needs about forms of business ownership.
Discuss corporation vs. LLC https://www.incorporate.com/starting-a-business/comparing-corporations-llcs/
Play game about types of business ownership using descriptions here. Have students write description under correct company type. Give points to each team for correct answers.
Play Kahoot!
Learning Target:
- I can differentiate between an S-corporation, limited-liability company (LLC), cooperative and not-for-profit corporation.