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Sole Proprietorships, Partnerships, and Corporations

Intro) Attention getting with sufficient background information to establish the topic and a clear thesis statement. THESIS: There are many advantages and disadvantages to changing a company from a partnership to a corporation, and also from a sole proprietorship to a corporation. Companies also need to look at when’s the right time to change from a sole proprietorship to another form of business.

Body paragraph 1) What are the advantages of and disadvantages of changing the company organization from a partnership to corporation?

Body paragraph 2) What are the advantages and disadvantages of changing the company organization from a sole proprietorship to a corporation?

Body paragraph 3) Provide recommendation when a company should move away from a sole proprietorship to another form of business (Do NOT use the first person in your recommendation and provide sources)

Conclusion) Summarizes the main points, and leaves the reader with a strong comprehension of the papers significance and the authors understanding.

Length: 3 pages not including title and reference pages.