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what are the differences between Sole Proprietorship, Partnership, and Incorporation in terms of decision making, raising money for start-up,distribution of profits (or losses!) and taxation

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!)


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).