What are the advantages, disadvantages and tax implications for each of the following legal forms of business?

Resource: Small Business Administration (SBA) website

Access the SBA website.

Search through the Business Guide section and write paper that is 500 to 1000 words in which you discuss the following:

What is the importance of having an effective management team, and what role does it play in overall business success?
What are the advantages, disadvantages and tax implications for each of the following legal forms of business?
Sole Proprietor
Partnership
LLC
LLP
Corporation
Non-Profit

Format your paper consistent with APA guidelines.

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