Accounting final

School: University of Massachusetts, Amherst - Course: ACCOUNTG 321 - Subject: Accounting

WordFacts is an online platform for students of all ages to improve their educational experience through courses, videos, and documents committed to further education. While many people would like to further their education, many people are not able to due to financial or time restraints. WordFacts's goals is to make students' education more suited to their lifestyle. Users are able to subscribe to the WordFacts platform where they are able choose an unlimited number of courses to take based on their skill level accessed through a free online assessment where they then interact with qualified faculty. WordFacts headquarters are located in Santa Clarita California, where WordFacts continue to the mission to become the most affordable option for online learning. WordFact provides self-paced courses and resources that students can learn on their own time anywhere.The target customers for WordFacts are men and women age eighteen to thirty five, with a median income of sixty thousand per year, with most users holding a degree. WordFacts is an ecommerce business in the form of aC corporation.The large structure of the business lends itself to ta corporation legal form due to the number of advantages it poses. Digital markets need the ability to expand and change as needed, incorporation allows WordFacts to raise funds by issuing stock thus allowing the company raises funds quickly for new projects. WordFacts is a large collection of creative teams and a board of directors that help to create the a positive experience for subscribers. Acorporation legal form allows the company to evolve under new leadership as needed with ease of transfer of ownership, this differs from a sole proprietorship where leadership can be disrupted when the owner or founder leaves. In a

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