Entrepreneurship

Paper Summary:

This paper takes an in-depth look at entrepreneurship, the various forms of business enterprise and the impact entrepreneurship has on American society. The paper reviews, explains and discusses the various forms of entrepreneurship focusing on the properties and requirements of each.

Outline:
Executive Summary
Abstract Chapter I.
Introduction
Background Information
Statement of Problem
Research Questions
Significance of Research
Chapter II.
Literature Review
The role of the Entrepreneur in Starting and Operating a Business
The Major Forms of Conducting Business
Sole Proprietorships Advantages
Disadvantages
Tax Responsibilities associated with a Sole Proprietorship
Statistics related to Sole Proprietorships
Partnerships
General Partnerships
Limited Liability Partnerships
Joint Ventures
Advantages
Disadvantages
Tax Responsibilities associated with Partnerships
Statistics related to Partnerships
Corporations
Sub chapter
Corporations
Advantages
Disadvantages
Tax Responsibilities associated with Corporations
Statistics related to Corporations
Limited Liability Company (L LC)
Non Profits and Cooperatives
Non Profit Organizations Cooperatives
Agricultural Cooperatives
Credit Unions
Food Cooperatives and Buying Clubs
Housing Cooperatives
Advantages and Disadvantages of Nonprofits and Cooperatives
Types of For-Profit Businesses (Franchising and Ecommerce) Franchising Factors associated with Franchising
Advantages of Franchising
Disadvantages of Franchising
Ecommerce
Advantages and Disadvantages
Financing the Business
Equity Financing
Debt Financing
Barriers to Entrepreneurs and Obtaining Financing for Small Businesses Employees
Marketing
Chapter III. Methodology
Chapter IV. Results
Chapter V. Discussion and Conclusion Recommendations

From the Paper:

"The author explains that housing cooperative make up the most significant sector of Cooperatives in California and many other states (What is a Co-op). Housing cooperatives are unique in that they are actually corporations that are owned by members or shareholders who are then able to receive housing from the cooperative (What is a Co-op). As it relates to housing cooperatives each member owns a share in the corporation, which allows them to live in a unit of housing (What is a Co-op). This type of cooperative is usually financed through a large mortgage that includes the entire property (What is a Co-op). These mortgage payments and operating expenses are paid for through member carrying charges (What is a Co-op). Housing Cooperatives usually come in the form of condos, townhouses and apartment buildings. Many cooperatives were initially created to supply affordable housing and ownership opportunities for low and moderate income individuals (What is a Co-op). Housing cooperatives usually receive public subsidies to ensure affordable carrying charges (What is a Co-op). In addition, the share prices in housing cooperatives are usually low, and member households are not allowed to own more than one share (What is a Co-op). To maintain affordability and prevent speculative resale, there are also price restrictions on the sale of shares."

Sample of Sources Used:

• A Consumer Guide to Buying a Franchise. Small Business Administration. http://www.sba.gov/starting_business/startup/consumerguide.html
• Alon, I. (2001). The Use of Franchising by U.S.-Based Retailers. Journal of Small Business Management, 39(2), 111.
• Assadourian, Erik. "The Evolving Corporation: When Good Corporations Go Bad; Part 1 of a Series." World Watch May-June 2005: 16+.
• Bhave, M.P. "A process model of entrepreneurial venture creation," Journal of Business Venturing, 9 (1994): 223-242.
• Bronstad A. 2005 by Sole proprietors face new challenges if their businesses become insolvent. Los Angeles Business Journal, http://findarticles.com/p/articles/mi_m5072/is_39_27/ai_n15722105/pg_2

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