Contrast the various forms of business organizations.
In your role working as a paralegal or legal assistant for eHarbour, create a PowerPoint presentation analyzing the different types of business entities for eHarbour. In the presentation, analyze sole proprietorships, general partnerships, limited liability partnerships, limited partnerships, limited liability companies, and subchapter S corporations. Discuss the advantages and disadvantages of each business entity, including liability, tax treatment, and management. Include a recommendation on what type of business entity to select.
• Slide 1: Cover Slide — This slide should include a complete and interesting title for the presentation and the name of the student presenting the PowerPoint.
• Slide 2: Sole Proprietorships
• Slide 3: General Partnerships
• Slide 4: Limited Liability Partnerships (LLPs)
• Slide 5: Limited Partnerships (LPs)
• Slide 6: Limited Liability Companies (LLCs)
• Slide 7: Subchapter S Corporations
• Slide 8: Recommendation — This slide should discuss what type of business entity should be selected and the reasons for converting to this type of business entity.