Overview
Forms of Business Structure overview
As a credit analyst, it is important to be able differentiate the types of business structure and make appropriate credit decisions based on the risk and owners’ liability of the business. This Forms of Business Structure course introduces the three most common business structures: sole proprietorships, partnerships, and corporations. It also covers two other types of business forms, limited liability companies (LLC) and franchises.
By the end of this course, you should have a thorough understanding of the similarities and differences between forms of business structures, as well as the benefits and risks associated with each form.
Forms of Business Structure learning objectives
Upon completing this course, you will be able to:
- Distinguish between the three most common types of business structures
- Learn the definition, advantages and disadvantages of each business structure
- Understand the liability, rights, and restrictions of different structures
- Understand two other types of business forms, limited liability companies and franchises
- Explain how the legal structure of a company affects the lending process and lending decisions
Forms of Business Structure is a prep course of CFI’s CBCA® program
CFI’s Certified Banking & Credit Analyst (CBCA)® Program offers skills include credit evaluation, documentation, and review procedures. For beginners to advanced users, the CBCA® program is designed to help you become a world-class credit analyst.
Who should take this CBCA® course?
This Forms of Business Structure course is perfect for any aspiring credit analysts working in insurance, underwriting, rating agencies, commercial lending, corporate credit analysis, and other areas of credit evaluation.
Forms of Business Structure
Subscribe Enroll For FreeLevel 2
Approx 1.5h to complete
100% online and self-paced
What you'll learn
Become a certified Commercial Banking & Credit Analyst (CBCA)™ Certification
Forms of Business Structure is part of the Commercial Banking & Credit Analyst (CBCA)™ certification, which includes 35 courses.
- Skills Learned Financial Analysis, Credit Structuring, Risk Management
- Career Prep Commercial Banking, Credit Analyst, Private Lending
Path to certification
Prep courses
6 courses from beginner to intermediate level.
01 OptionalCore courses
16 courses from beginner to intermediate level.
02 RequiredElective courses
13 courses in advanced and intermediate levels.
03 RequiredGet certified
Submit your CBCA™ checklist and order your certificate.
04 Required Join our community
Get access to the Global Corporate Finance Society.
05 Optional How the certification works
What our students say
Complete and Insightful
Khawar Ikhlas
The course content is very relevant and practical in the real life situations.
DICKENS OTIENO ODIRA
The forms of Business Structure Course is comprehensive.
Oluwaseun AJAMAH
The notes in this presentation gave a very good foundational understanding of the types of incorporation & why its legal structure is important from a lender's perspective to be able to assess the repaying capacity of the borrower at the time of lending capital to the business.
