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Forms of Ownership

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Forms of Ownership is a course of the most common forms of business ownership that are available to business owners.
Meet the instructor

Lucius Davis III

Lucius C. Davis III is the Small Business Liaison in the Taxpayers’ Rights Advocate’s Office. He assists with the development of small business education and outreach programs in order to help business owners better understand their income tax requirements and responsibilities. He also provides information about the Franchise Tax Board’s (FTB) programs and services that are available to them. 
Prior to becoming the Small Business Liaison, Lucius worked in Collections and in Filing in the Business Entities Section as an analyst at FTB. In the private sector, Lucius owned a small business for 10+ years and prior to that, he played professional basketball overseas for 13 years.  
Patrick Jones - Course author



Disclaimer: This presentation by the Franchise Tax Board was edited into a series of short videos by the University of La Verne SBDC to make the content easier to navigate. The original presentation was held on October 2022 and therefore some information may no longer be valid.

HELPING BUSINESSES START, GROW + SUCCEED

Small Business Development Center

Hosted by:  The University of La Verne
Funded in part through a Cooperative Agreement with the U.S. Small Business Administration. All programs and services are offered to the public on a nondiscriminatory basis. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

Funded in part through a Grant with the Governor’s Office of Business and Economic Development. All opinions, conclusions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the Governor’s Office of Business and Economic Development.
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