ACC-250 | Fundamental
Principles of Accounting
Module 1 DQ 2
Desean Edwards plans on opening a new business
named Desean Edwards Online Marketing Strategies. He is considering the various
types of business organizations and wishes to organize his business with
unlimited life and limited liability features. Additionally, Desean wants the
option to raise additional equity easily in the future. Which type of business
organization will meet Deseanâs needs best and why? Discuss possible issues
and/or limitations Desean may encounter as a result of choosing this business
organization compared with others.