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 Prerequisite 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

Free Enroll For Free

Approx 1.5 hrs to complete


From $847.00
Full Immersion Certified Banking & Credit Analyst (CBCA)™
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From $497.00
Self-Study Certified Banking & Credit Analyst (CBCA)™
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Path to Certification

Prerequisite Courses

4 courses from beginner to intermediate level.


Core Courses

14 courses from beginner to intermediate level.


Get Certified

Submit your CBCA™ checklist and order your certificate.

CBCA Certificate 03Required

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How the Certification Works

Certified Banking & Credit Analyst (CBCA)™ courses are offered 100% online, allowing you the flexibility to start the Certified Banking & Credit Analyst (CBCA)™ program anytime and learn when it’s most convenient for you.
Students must complete all core and elective courses (17 in total) and demonstrate mastery of the topics through successful completion of course materials, quizzes, and assessments.
Within 48 hours of program completion, your Blockchain Verified (CBCA)™ Certification will be emailed to you.

What Our Students Say

Kishore Srinivasan
Forms of Business Structure - Nice intro
Nice introduction for beginners.
Balaji R
Still we need in-depth knowledge in forms of business structure
get well knowledge and clear concept after doing that course excellent
Very useful and informative!
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Areej Bajaber
I liked this course, and if there are more examples of each type it will be more understandable
Gurdeep Singh Jassal
This course provides a clear breakdown on the various forms of business structures. For business professionals, if you are wanting to understand a simple yet effective explanation between sole proprietorship, partnerships, and corporations then this course is for you and I would highly recommend it to others.

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From $847.00
Full Immersion Certified Banking & Credit Analyst (CBCA)™
Buy Now
From $497.00
Self-Study Certified Banking & Credit Analyst (CBCA)™
Buy Now