Sunday, February 7, 2016

Week 5 Reading Reflection

1. I was surprised by the amount of legal structures entrepreneurs are face with. I was totally unaware by the amount of procedures entrepreneurs must do to protect their ideas.

2. I was confused about the point of all the many types of partnerships that can occur with entrepreneurs. I definitely had to re-read the section on how to distinguish from S Corporations and B Corporations.

3. The first question I would ask the author would be "Do you think entrepreneurs are more likely to be successful through sole proprietorships, partnerships or corporations?" I would like to know if there is a certain type of setting that entrepreneurs should focus on.  My next question I would ask is "Is there any extra benefit from using trademarks, patents, or  copyrights?" I would like to see which is the most effective in protecting an idea. 

4. I do not disagree with anything the author has said. I found the reading to be very factual. 

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