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This week provided an introduction to Corporate Finance and Financial Statement Analysis. Chapter 1 identified...

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Finance

This week provided an introduction to Corporate Finance and Financial Statement Analysis. Chapter 1 identified four types of firms: sole proprietorship, partnership, limited liability company, and corporations.

For this discussion board answer the following questions relating to the types of firms:

1) Identify a local firm or one that you have done business with for each type?

2) Provide at least one benefit for this company maintaining this firm structure?

3) Provide at least one pitfall or potential constraint for this company due to the firm type?

Finally, would one of the company examples be better off by changing firm structure?

Your original post is due by midnight on Wednesday. Please comment on at least two posts from your peers within the Discussion Thread by Sunday. Please remember to cite your sources using APA format.

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