Business Entity Selection

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Title: Business Entity Selection

Essay Details:

Subject: Miscellaneous

Author: Elizabeth M

Date: December 4, 2015

Level: University

Grade: A

Length: 7 / 1809

Essay text:

"Entrepreneurial start-up efforts are a significant and growing force in our nation's economy. Along with this growth, however, is [sic] an increasing number of business failures. One probable reason for these failures is that the people who start them lack pertinent entrepreneurial abilities" (Olson, 1985, p. 30). To aid in alleviating such failures there are a number of articles, books, and research on starting a business, yet there are no fail proof methods. General guidelines and principles are outlined, though. van Gelderen, Thurik, & Bosma (2006) note that there are four phases generally mentioned when starting a business: (1) determining a business should be started, (2) recognizing an opportunity and creating a concept, (3) assembling sources and creating the organization, and (4) exchange in the marketplace...

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