How to develop a business?  Use the following information as the basis for this activity:   Business Legal Structure Kevane Grant Thornton LLP Limited Liability Company Toys “R” Us Private Corporation Facebook, Inc. Public Corporation Based on the information provided, write an essay in which you discuss how to build a business.Use the following guiding questions: What is the difference between these legal structures, in terms of the liability of their owners? If you were to open a business, which of the legal structures would you use and why?  Explain your answer.

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How to develop a business?

 Use the following information as the basis for this activity:

 

Business

Legal Structure

Kevane Grant Thornton LLP

Limited Liability Company

Toys “R” Us

Private Corporation

Facebook, Inc.

Public Corporation

Based on the information provided, write an essay in which you discuss how to build a business.Use the following guiding questions:

  1. What is the difference between these legal structures, in terms of the liability of their owners?
  2. If you were to open a business, which of the legal structures would you use and why?  Explain your answer.
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