Ventures that reach the survival stage of their life cycles and seek first-round financing are typically organized as:

Question

Quizplus · Accepted Answer

LLCs and corporations are the best choices for ventures seeking first-round financing at the survival stage of their life cycles. These business structures provide limited liability protection to the owners, making them more attractive to potential investors. Furthermore, they offer the capability to issue stock, making it easier to raise capital for the business. While proprietorships and partnerships are also options, they lack the same legal protections as LLCs and corporations and may be less attractive to investors.

Ventures That Reach the Survival Stage of Their Life Cycles