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After several years of volunteering to play the piano and sing at a local nursing home,Callie decided the time was right to tap into the growing elder care market.She started Music and Memories,Inc. ,a nonprofit corporation that would hire local talent to perform her own music productions directed toward this market.In order to write and produce several productions each year,Callie needed start-up funds.An instructor at the local community college suggested that she begin by ______________,because this effort would serve as her "calling card" for interested investors,as well as government grant applications that Callie might pursue.
Sole Proprietorship
A business owned and operated by one person.
Corporation
A business structure that creates an entity separate from its owners and managers.
Public Company
A corporation whose shares are traded openly on stock exchanges, subject to regulatory oversight and required to disclose financial and other significant information.
Certified Public Accountant
A designation given to an accountant who has passed a standardized CPA exam and met government-mandated work experience and education requirements.
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