Discuss the process of starting a business.

part1: (Resources cited)

Describe how each of the following differ with respect to the three common forms of business ownership, (Sole Proprietorship, Partnership, and Incorporation):
Decision making
Raising money for start-up
Distribution of profits (or losses!)
Taxation

Part2

You have decided to open your own business, a store selling used textbooks to local college students. In order to get started, you decide to investigate your local Small Business Development Center, (SBDC), and find that it is located at the College of DuPage!

Access the College of DuPage SBDC web site, and explain how this site would help guide you through the process of starting your business. (Hint: Click on the “Business” link on COD’s home page).  (Minimum 250 words).

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