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            | Topic: | Business | 
        
            | Number of pages / Number of words: | 6 / 1401 | 
                
    
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O. Lee Reed (2002) identifies five factors that should be considered before choosing the right form of business entity: cost of creation, continuity, managerial control and liability of owners and taxation and distribution of profits among owners.
Cost of Creation
Cost of creation refers to the expenses of registering an organization as a legal entity plus the time and formalities involved (Reed, 2002)...
        
        
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O. Lee Reed (2002) identifies five factors that should be considered before choosing the right form of business entity: cost of creation, continuity, managerial control and liability of owners and taxation and distribution of profits among owners.
Cost of Creation
Cost of creation refers to the expenses of registering an organization as a legal entity plus the time and formalities involved (Reed, 2002)...
        
        
            Essay fragment
        
    
                
            General points of the essay
            
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