Business Ownership - ASU CareerCatalyst

Business Ownership

Introduction

Did you know that if someone slips and falls in a store the business owner could be personally liable for their pain and suffering? Not if the owner sets up the right form of business. Learn about the different forms of business and why it’s vital to set up the right one.

Overview

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.

Quick facts

  • 1.5 hours
  • $149
  • Online - self-paced
  • Digital badge upon completion
About the course

About the course

In this course, you will learn:

  • Choosing an Organizational Type
  • Sole Proprietorships...
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Faculty and course staff

Andi Hess, PhD

Andi Hess, PhD

Instructor/Director, Interdisciplinary Translation CISA

Arizona State University

Read bio
Andi Hess, PhD

Andi Hess, PhD

Instructor/Director, Interdisciplinary Translation CISA

Arizona State University

Read bio

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