1. Many people would like to have their own business. If you were to start your own small business, why would you take on this venture? (200 words)


  2. What are the four types of business ownership? Describe each of them. (200 words)


  3. Identify and describe the five strategies that contribute to a successful small business? How does each strategy provide for successful results? (200 words)


  4. There are many advantages and disadvantage to each type of business ownership. Select and discuss two advantages and two disadvantages for each type of business ownership. (200 words)


  5. In today’s business environment, which type of business do you think will survive? Why? (200 words)







Kelly, M., & McGowen, J. (2012). BUSN 4. Mason, OH: South-Western.


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