Choosing a legal structure for your business | BUSI 2001 – Business Law | Walden University


Most business owners have more on their minds than legal structures. They focus on locations, supplies, target audiences, and more. Although not as exciting, the legal structure is a critical factor that requires thoughtful consideration. There is no one-size-fits-all structure, however. The structure that best suits one business’s needs can be the wrong fit for another business.

For this Discussion, you will weigh the pros and cons of each type of business structure and identify which structure you would choose if you were to start a business, if you have not done so already. Keep in mind that you do not have to have plans to become an entrepreneur in order to participate in this Discussion. The purpose is to place yourself in the position of someone who needs to make this decision.

To prepare for this Discussion:

  • Review the Learning Resources and focus on the differences and similarities between legal business structures. Consider the positives and negatives for each structure, as well as how certain structures work better for certain situations.
  • Your Discussion will be based on a business idea that comes from you. If you have a business idea that you want to pursue (or if you have already started a business), you can use that idea. If you do not have one in mind, use a hypothetical example from an industry with which you are familiar.
  • Review the Academic Writing Expectations for 2000/3000-Level Courses.

By Day 3

Post a 150- to 225-word (2- to 3-paragraph) explanation of which type of legal structure you would choose if you were going to start a business. In your explanation:

  • Briefly describe your business idea (whether real or hypothetical).
  • Describe the legal structure you would select for your business, including the aspects that make it unique compared to the other structures, and provide a rationale for why it fits best with your business idea.
  • Be sure to share any questions you would need to answer before making a final decision about the legal structure for your business.
  • Include reference(s) to a minimum of one scholarly source to support your response.

Refer to the Week 6 Discussion Rubric for specific grading elements and criteria. Your Instructor will use this grading rubric to assess your work.

Read some of your colleagues’ postings.

By Day 5

Respond with at least 75 words (1 paragraph) each to two or more of your colleagues’ postings by suggesting ways they could start their business idea using a different type of legal structure than the one they identified. In your response, identify any adjustments they would need to make to the business if a different structure were selected.

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more