A 400-word paper that includes at least one APA-formatted reference to material from this lesson. Needs to be a 5 paragraph essay. An introduction, three body paragraphs, and conclusion. The body paragraphs have be included in the introduction and conclusion.
Assignment 3.1: Recognizing the Social Business Enterprise & Social Entrepreneur
As you have discovered in your lesson, whenever you start a business you will have to select one organizational type from out all the different legal business structures. This choice will determine how your business will be organized and managed. In most instances, you may have assessed the criteria that you can use to find the business writingstructure that works the best for your purposes. Key to this is the liability that comes with your business, the expenses to establish the right legal framework. Read about a new type of business models in our contemporary world today, and assess what type of legal structure these business models would mostly like benefit from. Consider all the implications, including legal liabilities, social contributions, tax structures and the investment needed. Summarize your findings in a 400-word paper.
Deliverables
A 400-word paper that includes at least one APA-formatted reference to material from this lesson.
Activity Details
Perform the following steps:
Step 1: Read and Research
Read and browse the Edward Lowe website for an overview of legal structures in business, then listen to the two multimedia on social entrepreneurship and social enterprise. How should a social enterprise or a social entrepreneurship develop their legal structure? Explore the possibilities and conduct your own independent search to identify what the best approach is for these business models.
How to Determine the Legal Structure of Your Business from Phillips, L. (2018). Edward Lowe Foundation, Retrieved from Digital Library Resources,
What is a Social Enterprise? From DBS Foundation (2016)
What is social entrepreneurship? from Koletiv, S. (2012) Sens Mrea
Step 2: Keep in mind the following
Determine the best business structure for your hypothetical small business.
Step 3: Write your paper
Write a 400-word paper summarizing your analysis. Write a clear, cohesive, and concise paper that systematically evaluates why you chose the business structure you did and why it is better than other forms for your particular business and situation.
Use these writing guidelines:
Include a cover page and references in addition to your required word count.
Use correct APA format
Double-space text
Use size 12 Times New Roman
Use section headings to organize
Indent paragraphs
Include in-text citations
Use correct spelling, grammar, sentence structure and verb tense
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