CHOOSING A FORM OF BUSINESS OWNERSHIP The needs of the businessperson starting a new business are a major consideration

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CHOOSING A FORM OF BUSINESS OWNERSHIP
The needs of the businessperson starting a new business are a
major consideration when deciding the best form of business
ownership. The kind of business being started is also important to
consider when deciding to make your new business a sole
proprietorship, partnership, or corporation. Look at the list of
new businesses below. Indicate the form of ownership you think
would be best for each business. Give the reason for your
selection.
Business
Form
Reason
Swimming pool repair
Flower shop
Online specialty store
Pest control service
Textbook publishing company
Law firm
Underwear manufacturer
Child care center