Identification should include
- cooperatives
- defining cooperatives
- listing the types of cooperatives
- researching the benefits of cooperatives
- differentiating between successful and unsuccessful cooperatives
- limited liability company (LLC)
- corporation (C and S corporations)
- partnerships
- sole proprietorship
- non-profits.
Process/Skill Questions:
- Why would one want to become part of a cooperative?
- What are some factors that determine a cooperative’s success?
- What is the difference between a C corporation and an S corporation?
- What are the corporate documents an entity must have?